Asian stocks expand profits as investors await key macroeconomic data



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(RTTNews.com) – Asian shares were trading higher on the second day of Friday, even as core sentiment remained cautious ahead of China's trade data and employment figures in the United States for November that expire on the day.

The yen weakened against the dollar in the face of optimism over the approval of the US tax bill through the Senate and oil prices were exchanged mixedly, while gold rose after touching a minimum of more than four months.

Japan's Nikkei index rose 1.2 percent to 22,759, and real estate developers and technology stocks led the winners.

Japan's screen shot up 9 percent. in a Nikkei they report that Apple can use liquid crystal technology in one of its models that is expected for next year.

On the economic front, Japan's GDP grew by 2.5 percent per annum in the July-September quarter, revised up from one The Australia S & P / ASX 200 benchmark was up 0.3 percent, led by financial and energy stocks after a strong Wall Street advantage.

The Australia Insurance Group advanced 0.8 percent. after the insurer made deals with a trio of European reinsurers to share their premiums.

New Zealand's S & P / NZX 50 benchmark index rose 0.8 percent to 8,234 on the way to its fourth consecutive weekly gain.

Overnight, they made modest gains amid the optimism of the tax reform. The Dow and the S & P 500 rose 0.3 percent each, while the Nasdaq with advanced technology added half a percent.

European markets also ended modestly higher on Thursday after having struggled during the previous two sessions. The pan-European Stoxx Europe 600 index closed with few changes with a positive bias.

The German DAX rose 0.4 percent and the French CAC 40 index rose 0.2 percent, while the UK FTSE 100 dropped 0.4 percent, dragged by miners worries that Chinese banks may not have enough capital to weather potential losses.

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