Japanese stocks peaked 30 years

Japan’s Nikkei 225 index led the upside wave in Asian stock markets after rising 2.66% to 27,568.15, a record increase since August 1990, according to data from Refinitiv.

The Nikkei 225 index closed up 2.66% to 27,568.15 on the December 29 trading day. Photo: AFP

The Nikkei 225 index lists 225 companies with the largest market capitalization on the Japanese stock market, and is also a key measure of the health of the Asian stock market. In the Nikkei 225 basket, shares of the leading Japanese retailer group Fast Retailing and Softbank Group rose 4.5% and 4.53%, respectively. Meanwhile, the Topix index rose 1.74% to close at 1,819.18 points.

Stock indices large area Asia – Pacific saw mixed fluctuations in the December 29 trading day after Wall Street stocks showed positive developments last night.

The Korean stock market today closed up 0.42% to 2,820.51 points. On the contrary, mainland Chinese stock markets closed in the red, with the Shanghai Composite Index rising 0.9% at the close to 3,379.04 points, while the Shenzhen Component Index slipped 0.526% to 13,970.21. . On the Hong Kong market, the Hang Seng index reached a 0.9% gain in the last hour of trading.

Australian stocks continued to maintain momentum after the previous session up. The S & P / ASX 200 edged up 0.53% and closed at 6,700.30 points. Overall, the MSCI Asia-Pacific (excluding Japan) still rose 0.44%.

US stocks last night prospered after US President Donald Trump signed the law on Covid-19 bailout package worth $ 900 billion, which will pay $ 600 directly to most Americans. The Dow Jones industrial average ended the session up 0.7% to 30,403.97 points. The S&P 500 index rose 0.9% to 3,735.36 points, while the tech-oriented Nasdaq Composite index closed at 12,899.42 points, up 0.7%.

The day before he signed the law, President Trump asked to raise the payout to $ 2,000. The US House of Representatives on December 28 voted to increase the second direct federal payment to $ 2,000.

On the money market, the greenback slid today, with the US dollar index against other major currencies falling to 90,069, from 90,277 set earlier. Japanese Yen continued to depreciate and converted 103.65 JPY / USD after weakening to 103.4 JPY / USD; on the contrary, the Australian dollar inched up to 1 AUD “ate” 0.76 USD, from 1 AUD / 0.7575 USD.

Oil prices on the Asian market went up this afternoon. Futures prices for Brent crude rose 0.69% to $ 51.21 / barrel, while the US crude futures price rose by nearly 0.65% to $ 47.93 / barrel.

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