Asian stocks closed trading this Friday (28) without a single direction, a day after a volatile session on Wall Street and before the Chinese New Year holiday.
In mainland China, the Shanghai Composite dipped 0.97% to 3,361.44 points, and the less comprehensive Shenzhen Composite was broadly flat, with a marginal loss of 0.04 points to 2,262.37 points.
Next week, Chinese markets will not operate due to the so-called Lunar New Year celebrations.
Elsewhere in Asia, Japan’s Nikkei jumped 2.09% in Tokyo to 26,717.34 points, and South Korean Kospi rose 1.87% in Seoul to 2,663.34 points – breaking a streak of five negative sessions. -, while the Hang Seng fell 1.08% in Hong Kong, to 23,550.08 points.
In Taiwan, the local stock exchange did not operate today and will remain closed throughout the next week.
Holidays will also keep markets in Hong Kong and South Korea inactive for part of next week.
The mixed behavior in Asia came after New York stocks closed lower in the wake of a highly volatile session yesterday, amid better-than-expected US Gross Domestic Product (GDP) data, corporate earnings and speculation about the future. interest in the country.
On Wednesday (26), the Federal Reserve (Fed, the US central bank) clearly signaled that it plans to announce its first rate hike in more than three years in March.
In Oceania, the Australian stock exchange performed strongly today, with gains in all sectors. The S&P/ASX 200 rose 2.19% in Sydney at 6,988.10 points.
Reference: CNN Brasil
I am Sophia william, author of World Stock Market. I have a degree in journalism from the University of Missouri and I have worked as a reporter for several news websites. I have a passion for writing and informing people about the latest news and events happening in the world. I strive to be accurate and unbiased in my reporting, and I hope to provide readers with valuable information that they can use to make informed decisions.
