Asian stocks close broadly higher as Wall Street recovers gains

Asian stocks closed higher on Wednesday (20), encouraged by a rally on Wall Street the day before.

The Japanese stock index Nikkei jumped 2.67% in Tokyo to 27,680.26 points, while the Hang Seng rose 1.11% in Hong Kong, to 20,890.22 points.

The South Korean Kospi gained 0.67% in Seoul, at 2,386.85 points, and the Taiex registered a gain of 0.27% in Taiwan, at 14,733.22 points.

In mainland China, the Shanghai Composite was up 0.77% to 3,304.72 points, and the less comprehensive Shenzhen Composite rose 0.71% to 2,210.46 points after the local central bank, the PBoC, left its key interest rates unchanged, as analysts predicted.

The improvement in sentiment in Asia came after New York stocks closed Tuesday with solid gains, the biggest single-day gains in more than three weeks, as Wall Street investors reacted to earnings earnings. large US companies.

There are also expectations that the Federal Reserve (Fed, the US Central Bank) will raise its interest rates again by 75 basis points at next week’s monetary policy meeting, and not more by 100 basis points, as has been speculated.

In Oceania, the Australian stock market followed the wave of New York and Asia, and the S&P/ASX 200 rose 1.65% in Sydney today, at 6,759.20 points.

With information from Dow Jones Newswires and Associated Press

Source: CNN Brasil

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