Asian stocks open in green as all focus on BOJ decisions

Economies.com
2019-03-15 03:45AM UTC

Asian stocks opened last sessions of the week on green at Friday, supported by investors' risk appetite after the UK parliament voted to delay the UK's brexit from the European Union, in addition to the end of the meeting of the Bank of Japan (BOJ), during which monetary policy makers may extend their stimulus and provide more flexibility in monetary policy.

 

Yesterday, some reports referred to the postponement of the upcoming summit between the US President, Donald Trump, and his Chinese counterpart, Xi Jinping, to next April, in contrast to the initial report of the summit later this month, which in one way or another has revived concerns about existing trade tensions Between Washington and Beijing despite the recent efforts from both parties to resolve their trade disputes and reach a trade agreement.

 

Japanese stock indices rose in today's trading, with TOPIX index rising by 1.08% to gain 17.19 points to reach 1,605.48, also Japan's Nikkei index rose 1.02% gaining 217.71 points to reach 21,504.73.

 

While the Chinese stocks rose over 1% as well, with the CSI 300 index rising 1.52% to win 56.28 points to reach 3,754.77, while Shanghai index rose 1.24% to win 37.14 points to reach 3,027.82.

 

Hong Kong's Hang Seng Index gained 0.68% gaining 196.58 points to reach 29,047.97. The South Korean Kospi Index rose 1.09% gaining 23.41 points and reached 2,179.09.

 

To the NZX 50 index of New Zealand shares, which rose by 0.03% to gain 3.15 points to reach 9,438.65. On the other hand, Australia's S&P/ASX 200 index gained 0.15%, 9.21 points to reach 6,188.80.

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