Asia-Pacific stocks rise as investors wait for U.S. election result; Australia’s exports increase in September
Stocks in Asia-Pacific were higher on Thursday morning as investors continue to wait for the result of the U.S. election.
In Japan, the Nikkei 225 advanced 0.99% while the Topix index traded 0.45% higher. Over in South Korea, the Kospi also gained 1.54%.
Meanwhile, shares in Australia edged higher, with the S&P/ASX 200 gaining 0.95%. Australia’s exports of goods and services rose 4% month-on-month in September on a seasonally adjusted basis, according to data released Thursday by the country’s Bureau of Statistics.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.51% higher.
Investor focus likely remained on the U.S. election, though a call in the presidential race is not expected anytime soon as several states could take until later this week to complete official tallies, according to officials.
Reference: CNBC