Asian markets broadly rise on trade deal optimism

146 ‎مشاهدات Leave a comment
Asian markets broadly rise on trade deal optimism

Hong Kong (CNN Business)Asian markets have been see-sawing this week on signals from US-China trade negotiations, and mostly edged up on Friday after fresh signs that the two countries are working to hammer out a deal.

Japan’s Nikkei 225 (N225) rose 0.4%. South Korea’s Kosp index (KOSPI) edged up 0.2%. Hong Kong’s Hang Seng Index (HSI) also gained 0.3%. China’s Shanghai Composite Index (SHCOMP) was the outlier, losing 0.5%.
“Asian equities caught a dose of the trade flu at the start of the week and appear to be recovering today,” Jeffrey Halley, senior market analyst for Asia Pacific at Oanda, wrote in a note.