Asian Shares Rise| MENAFN.COM

Thursday, 08 December 2022 02:59 GMT

Asian Shares Rise

(MENAFN- Saudi Press Agency) Tokyo, November 24, 2022, SPA -- Asian shares gained Thursday, although optimism about the Federal Reserve holding back on aggressive interest rate raises was countered by some uncertainty about coronavirus restrictions in China, the AP reported.
Trading was relatively muted in Asia ahead of U.S. markets being closed for Thanksgiving. Benchmarks rose in Japan, Australia and South Korea. They rose in Hong Kong but fell in Shanghai. Oil prices fell.
Japan's benchmark Nikkei 225 jumped 1.0% to finish at 28,383.09. Australia's S&P/ASX 200 added 0.1% to 7,241.80. South Korea's Kospi gained nearly 1.0% to 2,441.33. Hong Kong's Hang Seng rose 0.6% to 17,626.00, while the Shanghai Composite fell 0.3% to 3,089.31.
In energy trading, benchmark U.S. crude lost 47 cents to $77.47 a barrel. Brent crude, the international standard, fell 66 cents to $84.75 a barrel.
In currency trading, the U.S. dollar fell to 138.87 Japanese yen from 139.57 yen. The euro cost $1.0435, up from $1.0399.
11:37 LOCAL TIME 08:37 GMT


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