• Asia-Pacific stocks edge higher; Fed keeps interest rates near zero

    29 Apr 2021 | SET News


Stocks in Asia-Pacific rose in Thursday morning trade, as investors react to the U.S. Federal Reserve’s decision to keep its easy money policy in place.

South Korea’s Kospi gained 0.55% in early trade while the S&P/ASX 200 in Australia climbed 0.26%.

MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.27% higher.

Investors watched shares of Apple suppliers in Asia-Pacific after the Cupertino, California-based tech giant reported yet another blowout quarter, with sales 54% surging from last year.

In South Korea, shares of LG Display were up around 0.4% in morning trade.

Markets in Japan are closed on Thursday for a holiday.

Reference : CNBC

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