Thursday 9 July 2020
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wn.com - 9 days ago

Asian shares rise after Wall St rally, strong housing data

TOKYO (AP) — Asian shares rose Tuesday, cheered by a rally on Wally Street reflecting some optimism over stronger than expected economic data, despite widening coronavirus outbreaks. Japan s benchmark Nikkei 225 gained 1.8% in morning trading to 22,380.02. South Korea s Kospi gained 1.5% to 2,123.85, while Australia s S P/ASX 200 rose 1.4% to 5,895.80. Hong Kong s Hang Seng edged up 0.9% to 24,520.01. The Shanghai Composite was trading at 2,974.94, up nearly 0.5%. Analysts say questions remain on how the global economy will hold up as coronavirus outbreaks expand. Japan’s economy has been gradually reopening with social distancing restrictions. “These will be important questions to...


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