Asia-Pacific stocks trade higher as coronavirus vaccine hopes buoy sentiment
Stocks in Asia-Pacific rose in Wednesday morning trade as investor sentiment continued to be buoyed by a recent positive development on the coronavirus vaccine front.
In Japan, the Nikkei 225 rose 1.26% in early trade as shares of robot maker Fanuc jumped 2.25%. The Topix index also gained 1.58%. South Korea’s Kospi added 0.39%.
Shares in Australia rose, with the S&P/ASX 200 up 1.14%.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.19% higher.
Tech shares in the region slipped after their counterparts on Wall Street saw declines overnight.
Reference: CNBC
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