Asian stocks ended trading on Monday (31) higher, following the positive performance of Wall Street at the end of last week, amid holidays in China and other parts of the region.
Japan’s Nikkei index rose 1.07% in Tokyo today to 27,001.98 points, and the Hang Seng index rose 1.07% in Hong Kong to 23,802.26 points.
Markets in China and Taiwan will remain closed throughout the week due to the Lunar New Year holiday. In South Korea, which also celebrates its New Year, the exchanges will reopen on Thursday (3).
The positive tone in Asia came after the New York stock exchanges closed with robust gains on Friday (28), reversing losses from the previous days and boosted in part by Apple’s latest quarterly balance sheet. Investors on Wall Street, however, remain concerned about the prospect of interest rate hikes in the US.
In Oceania, the Australian stock market ignored New York and Asia, and the S&P/ASX 200 fell 0.24% in Sydney today, at 6,971.60 points, pressured by financial stocks.
Source: CNN Brasil
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