Asian shares rose Wednesday on optimism that China’s latest actions may help curtail some of the expected economic damage from the virus outbreak.
Japan’s benchmark Nikkei 225 gained 1.1% to 23,330.11 in morning trading. Australia’s S&P/ASX 200 added 0.3% to 6,967.20. South Korea’s Kospi was up 0.5% at 2,169.29. Hong Kong’s Hang Seng edged up nearly 0.9% to 26,910.45, while the Shanghai Composite jumped nearly 2.0% to 2,836.68.
“Risk sentiment remains on the mend, setting Asia markets up for intraday gains. Although this remains the ebb and flow around an issue such as the coronavirus with the impact still under assessment,” said Jingyi Pang, market strategist at IG in Singapore.
Shared On DLIKE
Source
Copying/Pasting full or partial texts without adding anything original is frowned upon by the community. Repeated copy/paste posts could be considered spam. Spam is discouraged by the community and may result in the account being Blacklisted.
If you believe this comment is in error, please contact us in #disputes on Discord
Warning! This user is on our black list, likely as a known plagiarist, spammer or ID thief. Please be cautious with this post!
our discord. If you believe this is an error, please chat with us in the #appeals channel in