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Japan Jumps 2% as Optimism Over Reopening Economies Buoys Investor Sentiment in Asia


Wednesday, 3 June 2020 07:28 WIB

Nikkei 225Saham JepangIndeksTopixSaham Asia Indeks MSCI Asia Pasifik


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Stocks in Asia jumped in Wednesday morning trade, with optimism over the reopening of economies as authorities ease coronavirus-induced lockdown measures continuing to keep investor sentiment afloat.

Japan’s Nikkei 225 led gains among the region’s major markets, jumping 2.05% in early trade as shares of index heavyweight Fast Retailing surged 3.63%. The Topix index also added 1.39%.

Over in South Korea, the Kospi gained 1.37% as shares of automaker Hyundai Motor soared about 4%

Shares in Australia also edged higher, with the S&P/ASX 200 up 0.76%.

Overall, the MSCI Asia ex-Japan index traded 0.49% higher.

Developments surrounding the reopening of economies likely continued to be monitored by investors on Wednesday.

Source : CNBC


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