Sun, 26 May 2019

Asian stock markets on the boil Wednesday

By Jay Jackson, The Italy News
20 Feb 2019, 20:47 GMT+10

SYDNEY, Australia - Investors ansd traders in Asia were in a good mood Wednesday sending all the major indices out in the black.

Only the Australian market held back.

The euro and sterling continued strengthen ing in Asia, while the biger gainer on the forein exchange markets was the Chinese yuan.

At the close of trading Wednesday the Nikkei 225 in Tokyo was ahead 128.84 points or 0.60% at 21,431.49.

In China, the Shanghai Composite rose 40.15 points or 1.48% to 2,761.22.

The Hong Kong Hang Seng strengthened 285.92 points or 1.01% to 28,514.05.

Going against the trend, the Australian All Ordinaries fell 8.40 points or 0.14% to 6,175.80.

The euro rose to 1.1338, while the British pound climbed to 1.3048.

The Japanese yen weakened to 110.82, while the Swiss franc also dipped to 1.0018.

The Canadian dollar was higher at 1.3203, while the Australian and New Zealand dollars were little changed at 0.7161 and 0.6864 respectively.

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