11/27/2020, 7:24 AM (Source: TeleTrader)
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Asia mostly higher despite data from Japan, COVID concerns

Shares on the major stock market indexes in the Asia-Pacific traded mostly higher on Friday despite the worries prompted by the pandemic's second wave. The investors paid close attention to Japan's economic data, which showed that the consumer price index in the Ku-area of Tokyo fell 0.7% on an annual basis in November.

On the pandemic front, traders monitored the increasing number of COVID-19 cases in Asian countries that have, so far, been successful at limiting the spread of the virus, including South Korea and Japan itself.

Japan's Nikkei 225 closed the week's last session up by 0.40%. Hong Kong's Hang Seng increased by 0.15% at 7:20 am CET, as South Korea's Kospi Composite gained 0.30% a minute later. In mainland China, the Shanghai Composite added 0.26% at 07:07 am CET, with the Shenzhen Composite flat at the same time. The dollar traded 0.25% lower against the yen, going for 103.9805 at 07:23 am CET, with the Australian S&P/ASX 200 losing 0.53% at the closing bell.

Breaking the News / BU