Tue, 05 Dec 2023

SYDNEY, NSW, Australia - Stocks in Asia were solidly higher on Tuesday, mirroring gains on Wall Street overnight.

The Australian All Ordinaries surged 81.50 points or 1.17 percent to 7,030.10.

In Japan, the Nikkei 225 jumped 120.77 points, or 0.44 percent to 27,688.42.

New Zealand's S&P/NZX 50 climbed 38.44 points or 0.33 percent to 11,570.43.

The South Korean Kospi Composite advanced 13.62 points or 0.58 percent to 2,369.28.

In Hong Kong, the Hang Seng gained 215.45 points or 1.16 percent to 18,781.42.

The Shanghai Composite in mainland China rose 6.80 points or 0.22 percent to close Tuesday at 3,122.41.

The U.S. dollar was little changed. euro consolidated its slight overnight increase to trade at 1.0031 around the Sydney close Tuesday. The British pound firmed slightly to 1.1441. The Japanese yen was steady at 143.35. The Swiss franc was soft at 0.9644.

The Canadian dollar was range-bound at q.3255. The Australian dollar was comatose at 0.6720. The New Zealand dollar was a fraction weaker at 0.5938.

Overnight on Wall Street, the Nasdaq Composite did best, percentage-wise, rising 86.72 points or 0.76 percent to 11,535.02.

The Standard and Poor's 500 added 26.56 points or 0.69 percent to 3,899.89.

The Dow Jones industrials increased 197.26 points or 0.64 percent to 31,019.68.

More Central Asia News

Access More

Sign up for Tajikistan News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!