Asian markets buoyed by tech

Economies.com
2017-08-02 02:19AM UTC

Asian stocks gained ground on the back of the tech sector, following Apple’s strong results, which lifted its Asian suppliers higher and in turn underpinned the markets on Wednesday.  

 

Yen fell as dollar rose for the second day in a row away from a 15-month nadir, as markets wait for the crucial payrolls report on Friday.

 

 Japanese shares increased, as TOPIX increased 0.23% or 2.86 points to 1,258.73, while Nikkei 225 gained 0.38% or 75.02 points to 20,060.81.

 

Chinese CSI 300 rose 0.21% or 8.00 points to 3,778.38, while Shanghai advanced 0.06% or 1.85 points to 3,294.49.

 

Hong Kong’s Hang Seng progressed 0.50% or 138.46 points to 27,678.69, while South Korea’s KOSPI grew 0.20% or 4.85 points to 2,427.81.

 

New Zealand’s NZX 50 proceeded 0.31% higher, or 27.09 points to 7,753.53, and finally, Australia’s S&P/ASX 200 dropped 0.43% or 25.07 points to 5,747.30.

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