11/24/2020, 7:31 AM (Source: TeleTrader)
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Asia-Pacific mostly higher amid BoJ updates

Major stock markets in Asia-Pacific traded mostly higher on Tuesday amid the updates given by Bank of Japan (BoJ) Governor Haruhiko Kuroda on the current situation of the economy, heavily influenced by the coronavirus pandemic. Kuroda, who is expected to give another speech later in the day, predicted the output would recover moderately after experiencing a downturn. Meanwhile, the United States General Services Administration (GSA) informed President-elect Joe Biden he could start his transition to the White House.

Japan's Nikkei 225 surged 2.50% at the close, as the dollar lost 0.18% to the yen to sell for ¥104.3845 at 7:27 am CET. In South Korea, the Kospi Composite advanced by 0.58% at 7:30 am CET. Australia's S&P/ASX 200 closed 1.26% higher.

In mainland China, the Shanghai Composite Index declined by 0.40% at 7:15 am CET, while the Shenzhen Composite went down by 0.52% at 7:30 am CET. On the other hand, Hong Kong's Hang Seng increased by 0.08% at 7:31 am CET.

Breaking the News / JR