Summary of stock market conditions in the Asian region on 10 April 2020
Nikkei Stock Exchange, Tokyo stock market closed up today. Driven by investors expecting The Bank of Japan (BOJ) will continue to buy ETF as part of additional monetary easing policies. In addition, the market has benefited from the rise in Fast Retailing.
The Kyodo news agency reported that The Nikkei index rose 152.73 points, or 0.79 percent, to close at 19,498.50, the highest closing level since March 25 this year.
The Korean stock market’s composite index closed up on positive territory for the second straight day, boosted by investors’ confidence in the Federal Reserve’s Fed stimulus measures aimed at preventing The economy collapsed due to the epidemic of a new species of corona virus (Covid-19). The won currency is very strong against the US dollar.
The Korean stock market composite composite index (KOSPI) rose 24.46 points or 1.33% to close at 1,860.67 points.
Shanghai Composite Index, Chinese stock market closed lower today. Due to concerns about the economy after China revealed the producer price index and the consumer price index dropped.
The Xinhua News Agency reported that The benchmark Shanghai Composite Index fell 29.27 points or 1.04 percent to close at 2,796.63.
Hong Kong stock market Closed today (10 April) on Good Friday
Asian is coming back.