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Showing posts with the label Asianj Stock Markets at Close Report I CNBC.

Asianj Stock Markets at Close Report I CNBC

cnbc.com Asia markets rise amid US-China trade tension; oil pares losses Cheang Ming Asian stocks closed higher on Thursday, with markets shaking off some of the trade jitters seen overnight after the Trump administration announced a list of Chinese goods that may be subject to new tariffs. After the negative reaction in the last session to tariff announcements, China markets led the advance in the region. The Shanghai composite pared all of Wednesday's sharp losses, closing up 2.18 percent at 2,838.30 and the smaller Shenzhen composite climbed 2.74 percent to 1,597.17. The Nikkei 225 rose 1.17 percent, or 255.75 points, to close at 22,187.96, nearly reversing its declines from the previous session with some support coming from the weaker yen. The fishery and forest subindex led gains, rising 2.64 percent, while pharmaceuticals and telecommunications also recorded significant moves higher.