MSCI’s broadest index of Asia-Pacific shares outside Japan climbed 0.9% to 557.65 and was set for its fifth straight day of gains.
Reuters
January 26, 2023 / 11:46 AM IST
Asian markets
Asian equities rose to a fresh seven-month high on Thursday, with Hong Kong shares playing catch-up to other markets’ gains as trade resumed after its three-day Lunar New Holiday.
MSCI’s broadest index of Asia-Pacific shares outside Japan climbed 0.9% to 557.65 and was set for its fifth straight day of gains.
The index has gained 10% so far in January, buoyed by expectations of a strong economic rebound in China and by hopes that most major central banks are nearing an end to hefty rate rises.
Trading was thin on Thursday with Australia closed for a holiday and certain parts of Asia, including China, still away for the Lunar New Year.
`); } if (res.stay_updated) { $ (“.stay-updated-ajax”).html(res.stay_updated); } } catch (error) { console.log(‘Error in video’, error); } } }) }, 8000); })
