Asian Stocks
Asian Stocks Fall Worries Investors

dpa/GNA – Stocks in the Asia Pacific region were mostly higher on Friday as market sentiment was bolstered by growing optimism over US economic stimulus following the confirmation of President-elect Joe Biden’s election victory.

In Japan, despite a coronavirus state of emergency for Tokyo and its three neighbouring prefectures that took effect on Friday, the benchmark Nikkei 225 Stock Average jumped 2.36 per cent to close at 28,139.03, marking a fresh 30-year high.

South Korea’s benchmark Kospi Index surged 3.97 per cent to end at 3,152.18.

Australia’s benchmark S&P/ASX200 index climbed 0.68 per cent to close at 6,757.9 and the broader All Ordinaries index added 0.63 per cent to 7,024.2.

China’s Shanghai Composite Index closed down 0.17 per cent at 3,570.11.

On Thursday, the Dow Jones Industrial Average climbed 0.69 per cent while the broader S&P 500 index jumped 1.48 per cent and the tech-heavy Nasdaq moved higher by 2.56 per cent.

US lawmakers certified Biden’s election win on Thursday, defying a violent pro-Trump mob that attacked the Capitol in a bid to prevent a transfer of power.

Democrats, who will control both chambers of Congress and the White House, say they are eager to pass another massive stimulus package.

Disclaimer: News Ghana is not responsible for the reportage or opinions of contributors published on the website.

Send your news stories to [email protected] and via WhatsApp on +1-508-812-0505 

Previous articleEurozone unemployment falls slightly to 8.3 percent in November
Next articleAfrica confirmed COVID-19 cases pass 2.95 million – Africa CDC
The Ghana news Agency (GNA) was established on March 5, 1957, i.e. on the eve of Ghana's independence and charged with the "dissemination of truthful unbiased news". It was the first news agency to be established in Sub-Saharan Africa. GNA was part of a comprehensive communication policy that sought to harness the information arm of the state to build a viable, united and cohesive nation-state. GNA has therefore been operating in the unique role of mobilizing the citizens for nation building, economic and social development, national unity and integration.


Please enter your comment!
Please enter your name here