Asia-Pacific shares trade higher after overnight surge on Wall Street
Stocks in Asia-Pacific were higher in Thursday morning trade following an overnight surge on Wall Street.
In Japan, the Nikkei 225 gained 0.29% in early trade while the Topix index advanced about 0.1%.
South Korea’s Kospi rose 0.64%. Shares of industry heavyweight Samsung Electronics edged more than 0.5% higher after the firm announced Thursday its profit for the three months that ended in September likely rose 58% from a year ago.
Stocks in Australia also saw gains, with the S&P/ASX 200 up 0.63%.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.19% higher.
Investors will continue watching for developments on U.S. stimulus support, after President Donald Trump tweeted support for aid to airlines and other stimulus measures. That was in contrast to Tuesday, when he said the White House is halting stimulus negotiations with the Democrats.
Reference: CNBC
Thai
Eng