Asian markets close the week with gains

(MENAFN) On the last transaction day of the week, Asian indices closed with gains across the region. The Asia Dow, which tracks blue-chip companies in the region, rose 0.99 percent to 3,415.44 points as of 1130GMT.

Japan's industrial output saw a climb of 4.5 percent in February from the previous month, according to a report released on Friday. The news contributed to the NIKKEI 225's gain of 0.93 percent, closing at 28,041.48 points in Tokyo.

The Hang Seng, the benchmark for blue-chip Stocks trading on the Hong Kong exchange, also saw gains. It gained 0.45 percent to 20,400.11 points, while China's Shanghai Stock Exchange was up 0.36 percent to close at 3,272.86.

In India, the Sensex benchmark added 1.78 percent, closing at 58,991.52. The Singapore index also saw a marginal increase of 0.05 percent, ending the day at 3,258.90 points.

Overall, these gains indicate that the Asian markets are continuing to recover from the economic impacts of the COVID-19 pandemic. However, concerns remain over the ongoing pandemic situation and the potential impact of inflation on global economies. Investors will be closely watching these markets in the coming weeks for any further developments.



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