Friday, 23 July 2021 07:12 GMT

Hong Kong Rises with Rest of Asia


(MENAFN - Baystreet.ca) Hong Kong Rises with Rest of Asia






Advertisment

Shares in Asia-Pacific were higher on Thursday, with markets in Japan closed for a holiday.
The Japanese yen traded at 110.34 per U.S. dollar, weaker than levels below 109.5 seen against the greenback earlier this week.
In Hong Kong, the Hang Seng regained 499.26 points, or 1.8%, to 27,723.84. Shares of China Evergrande Group surged 7.9%. Those gains came after the indebted developer announced it has solved legal disputes with China Guangfa Bank.
In Australia, shares of major miner BHP soared 3.1% after the firm announced Thursday the signing of a nickel supply agreement with Tesla.
The Australian dollar changed hands at $0.7365, still above levels below $0.732 seen yesterday.
In other markets
In Shanghai, the CSI 300 gained 7.71 points, or 0.2%, to 5,151.75.
The Kospi index in Korea recovered 34.3 points, or 1.1%, to 3,250.21.
In Taiwan, the Taiex index revived 113.54 points, or 0.7%, to 17,572.33
In Singapore, the Straits Times Index jumped 40.26 points, or 1.3%, to 3,250.21.
In New Zealand, the NZX 50 inched forward 11.7 points, or 0.1%, to 12,720.84
In Australia, the ASX 200 picked up 77.69 points, or 1.1%, to 7,386.41









MENAFN22072021000212011056ID1102492087


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.