11/20/2020, 7:33 AM (Source: TeleTrader)
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Asia-Pacific mostly higher after economic updates

Major stock markets in Asia-Pacific traded mostly higher on Friday after the release of several updates on the economy that is currently largely affected by the coronavirus pandemic. The People's Bank of China announced it would keep interest rates unchanged. On the other hand, Japan's performance in manufacturing and consumer prices achieved rather gloomy results in October. Meanwhile, Sinopharm claimed almost one million people received its vaccine against COVID-19 and had no serious adverse reaction to it.

In mainland China, the Shanghai Composite Index increased by 0.37% at 7:17 am CET, while the Shenzhen Composite grew by 0.54% at 7:30 am CET. Meanwhile, Hong Kong's Hang Seng went up by 0.25% at 7:32 am CET.

Japan's Nikkei 225 traded 0.42% lower at the closing, as the dollar stood flat against the yen to sell for ¥103.7580 at 7:28 am CET. In South Korea, the Kospi Composite rose by 0.24% at 7:30 am CET. Australia's S&P/ASX 200 closed 0.12% lower.

Breaking the News / JR