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Asia opens mostly higher in tandem with Wall Street

Economies.com
2021-02-25 04:46AM UTC

Asian stock indices opened the fourth session of the week mostly higher in tandem with Wall Street after Fed Chair Jerome Powell's Congressional testimony, where he asserted the Fed is carrying on its monetary easing program. 

 

Japanese, Australian, Hong Kong, and South Korean stocks gained ground today, while New Zealand stocks declined following disappointing data. 

 

Japan's TOPEX rose 1.35% to 1,928, while Nikkei 225 climbed 1.65% to 30,160. 

 

China's CSI 300 rose 1.43% to 5,515, while Shanghai added 1.07% to 3,602. 

 

Hong Kong's Hang Seng rose 2.06% to 30,330, while South Korea's KOSPI rose 2.80% to 3,078. 

 

New Zealand's NZX 50 fell 0.79%, while Australia's S&P/ASX 200 rose 0.94% to 6,841. 

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