Japan’s Nikkei 225 up 1% as Asia-Pacific stocks rise following Wall Street rebound
21 Jul 2021 | SET News
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Japan’s Nikkei 225 up 1% as Asia-Pacific stocks rise following Wall Street rebound
Shares in Asia-Pacific rose in Wednesday morning trade, following an overnight bounce stateside that saw the Dow Jones Industrial Average rising more than 500 points.
In Japan, the Nikkei 225 rose 1.11% in early trade while the Topix index advanced 1.14%.
Japan’s exports rose 48.6% in June as compared with a year earlier, according to data released Wednesday by the country’s Ministry of Finance. That was higher than a 46.2% increase expected by economists in a Reuters poll.
Elsewhere, South Korea’s Kospi gained 0.39% while the S&P/ASX 200 in Australia climbed 0.57%.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.24% higher.
Looking ahead, Australia’s preliminary retail sales data for June is set to be released at 9:30 a.m. HK/SIN.
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