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Showing posts with the label Asia Markets Closing Report on April 2

Asia Markets Closing Report on April 2,2019 | Major Asia markets gain as Australia's central bank holds steady on rates

Saheli Roy Choudhury,Weizhen Tan 4-5 minutes Toshifumi Kitamura | AFP | Getty Images Major Asia Pacific markets made gains by market close on Tuesday following overnight advances on Wall Street, as concerns over a possible global economic slowdown eased. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.14 percent, as of 3:23 p.m. HK/SIN The Shanghai composite was up 0.2 percent to close at 3,176.82, while the Shenzhen composite rose 0.11 percent to finish at 1,757.60. Hong Kong’s Hang Seng index bounced back slightly to rise 0.11 percent. The Nikkei 225 in Japan traded nearly flat to close at 21,505.31 while the Topix index was down 0.25 percent, closing at 1,611.69. The yen , considered a safe haven currency, traded at 111.36 to the dollar, weakening from levels near 110.00 in the previous week as investors took on more risk. In South Korea, the Kospi index rose 0.41 percent to finish at 2,177.18. Austral