Asia-Pacific stocks close higher, but China holiday restricts liquidity

Stocks in Asia and the Pacific closed higher on Tuesday (5), supported by a rally in technology stocks in New York. Liquidity, however, was reduced amid holidays in mainland China, Hong Kong and Taiwan.

the japanese index Nikkei rose 0.19% in Tokyo on Tuesday, at 27,787.98 points, and the South Korean Kospi had a slight advance of 0.05% in Seoul, at 2,759.20 points.

In Oceania, the Australian stock exchange was also in the blue, with a 0.19% gain in the S&P/ASX 200 in Sydney, at 7,527.90 points. Overnight, the Central Bank of Australia (RBA) kept its base rate at 0.10%, but signaled a willingness to raise the rate soon.

Risk appetite in Asia and the Pacific came after New York stocks rallied across the board yesterday, thanks largely to the tech sector, which was boosted by a 27% jump in Twitter stock, leaving concerns about the Russian war. and Ukraine temporarily aside.

Source: CNN Brasil

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