Asian stocks up on positive trade news

Shares in Japan, South Korea, China and Australia advanced over 1% in today’s session.

Nov 25, 2019 02:11 IST India Infoline News Service

High angle view of two business executives working at the stock exchange
Asian stock markets opened in the green on hopes for a trade deal between the United States and China in the near future.

Shares in Japan, South Korea, China and Australia advanced over 1% in today’s session. Meanwhile, Hong Kong stocks gained after local council elections proceeded with record turnout amid the city’s continuing unrest.

The yield on 10-year Treasuries rose one basis point to 1.78%, while West Texas Intermediate crude rose 0.2% to $57.86 a barrel and gold slipped 0.1% to $1,460.75 an ounce.

Wall Street advanced on Friday, with the Dow Jones Industrial Average rose 109.33 points to 27,875.62, the S&P 500 gained 7 points to 3,110.29 and the Nasdaq Composite added 13.67 points to 8,519.89.

Related Story