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Asia Pacific stocks jump as investors shrug off rising coronavirus cases

Monday, 13 July 2020 07:51 WIB MSCI Asia Pacific Bursa Asia

Stocks in Asia traded higher on Monday morning as investors shrug off concerns over the rising number of coronavirus cases stateside. The Nikkei 225 in Japan rose 1.34% in early trade as shares of conglomerate Softbank Group and robot maker Fanuc jumped more than 2% each. The Topix index also advanced 1.44%. South Korea’s Kospi gained 0.6%. Meanwhile, Australia’s S&P/ASX 200 added 1.44% as shares of major banks such as Commonwealth Bank of Australia and Westpac surged more than 2% each. Overall, the MSCI Asia ex-Japan index traded 0.24% higher. The World Health Organization on Sunday reported a record daily rise in global coronavirus cases, according to Reuters. Stateside, Florida...

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Tokyo stocks open higher

Monday, 13 July 2020 07:40 WIB Saham Jepang

Tokyo stocks opened higher on Monday, extending rallies on Wall Street on fresh hopes for coronavirus treatments. The benchmark Nikkei 225 index was up 1.27 percent or 281.98 points at 22,572.79 in early trade, while the broader Topix index gained...

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Hong Kong stocks closed sharply lower Friday, in line with an Asia-wide sell-off, with investors also spooked by fresh infections in the city that have led to the reimposition of containment measures including school closures. The Hang Seng Index...

Stocks rose in choppy trading Friday as traders digested news about a potential coronavirus treatment as well as another record spike in virus cases. The Dow Jones Industrial Average traded 200 points higher, or 0.8%. The S&P 500 climbed 0.4%....

European markets closed higher Friday as data showed French and Italian industry output rebounding more strongly than expected in May. The pan-European Stoxx 600 provisionally closed up by 0.8%, autos adding 2.3% to lead gains as all sectors...

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