TELETRADER News
6/24, 7:16 AM
(Source: TeleTrader)
JPY/USD+0.20%
S&P/ASX+0.07%
Hang Seng-0.77%
SSE Composite...+0.31%
KOSPI Composi...-0.20%
baha japan 22...-0.11%
Asian markets jump in afternoon trading
Markets in Asia-Pacific rallied in Friday's afternoon trading as investors digested inflation data from Japan. Stocks mirrored positive sentiment from Wall Street after Federal Reserve Chair Jerome Powell said that a recession is not "inevitable."
The Nikkei 225 climbed 1.21% at 7:06 am CET. The dollar lost 0.11% against the yen to sell for 134.7955 at the same time.
Hong Kong's Hang Seng jumped 1.74% at 7:07 am CET. In mainland China, the Shanghai Composite gained 0.64% at 7:06 am CET and the Shenzhen Composite rose 1.03% at 7:00 am CET.
In South Korea, the Kospi Composite surged 2.09% at 7:08 am CET, while Australia's added 0.41% at the same time.