Asia-Pacific stocks rise following overnight gains on Wall Street; RBA rate decision ahead
2 Mar 2021 | SET News
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Stocks in Asia-Pacific traded higher on Tuesday morning following strong gains overnight for shares on Wall Street.
South Korea’s Kospi surged 2.61%, following its return from a Monday holiday. In Japan, the Nikkei 225 gained 0.71% while the Topix index advanced 0.33%.
Meanwhile, shares in Australia rose as the S&P/ASX 200 gained 0.75%. The Reserve Bank of Australia is set to announce its interest rate decision at around 11:30 a.m. HK/SIN on Tuesday.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.55% higher.