A little dose of renewed trade optimism is what Asian stocks needed to get going again.
Most markets across the region were up on Friday, with Japan, China and Hong Kong up more than 1 percent. The MSCI Asia Pacific Index's 0.6 percent advance is putting it on track for a second weekly gain, something that hasn™t happened since September.
South Korea's Kospi index up 0.8%; Kospi 200 up 0.7%, Australia's S&P/ASX 200 up 0.5%; New Zealand's S&P/NZX 50 up 0.2%, Taiwan's Taiex index up 0.5%.
Singapore's Straits Times Index up 0.2%; Malaysia's KLCI up 0.3%; Philippine Stock Exchange up 1.5%; Jakarta Composite little changed; Thailand's SET little changed; Vietnam's VN Index little changed.
Source: Bloomberg
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Thursday, 12 December 2019 04:22 WIB
Hong Kong stocks closed higher on Wednesday amid speculation that Washington may hold back from slapping new tariffs on Chinese exports that are scheduled to kick in this weekend.
At the close of trade, the Hang Seng index was up 0.8% at...