Lola Evans
08 Apr 2021, 17:35 GMT+10
SYDNEY, NSW, Australia - The Japanese market fell on Thursday, the only one of the main indices in the region to lose ground.
"Japanese equities may slow down relative to other markets," Masayuki Kichikawa, chief macro strategist at Sumitomo Mitsui Asset Management Co told Reuters Thomson Thursday.
"Markets are placing a lot of emphasis on the size of fiscal stimulus and the vaccination rate. More restrictions would be a negative factor because that would delay a recovery in services consumption."
In Tokyo, the Nikkei 225 dropped 21.81 points or 0.07 percent to close Thursday at 29,708.98.
China's Shanghai Composite added 2.93 points or 0.08 percent to 3,482.55.
The Australian All Ordinaries continued its recent rally to gain another new yearly high. The key index gained 72.90 points or 1.02 percent to close at 7,250.30.
In Hong Kong, the Hang Seng advanced 333.27 points or 1.16 percent to 29008.07.
The U.S. dollar lost ground during the Asian trading zone on Thursday. The euro perked up to 1.1884. The British pound firmed to 1.3765. The Japanese yen was higher at 109.55. The Swiss franc went against the trend, drifting down a few points to 0.9289.
The Canadian dollar rose to 1.2597. The Australian and New Zealand dollars strengthened to 0.7640 and 0.7035 respectively.
Overnight on Wall Street, the Dow Jones index gained 16.02 points or 0.05 percent to 33,466.26.
The Standard and Poor's 500 added 6.01 points or 0.15 percent to 4,079.95.
The Nasdaq Composite edged down 9.54 points or 0.07 percent to 13,688.84.
Get a daily dose of Israel Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Israel Herald.
More InformationROME, Italy: As Covid-19 rages throughout Europe, Italy recorded 344 coronavirus-related deaths on Saturday and 718 the day before. However, ...
TAIPEI, Taiwan: China has again sent fighter jets into Taiwan's air defense zone, causing Taiwan to launch its own jets ...
ROME, Italy: Italian restaurant owners clashed with police earlier this week during a demonstration outside Parliament in Rome, as they ...
BRUSSELS, Belgium: A senior European medical official has said that there is a "clear link" between the use of the ...
BRUSSELS, Belgium: The majority of European Union nations will have enough Covid vaccinations to inoculate over 55 percent of their ...
Britain's Prince Philip, the Duke of Edinburgh, has died at the age of 99 after seven decades at the heart ...
WASHINGTON D.C.: As the economic activity in the United States recovers faster than that of its rivals, the nation's trade ...
DETROIT, Michigan: General Motors is currently working on cutting the cost of electric vehicle batteries, as well as their reliance ...
MIAMI, Florida: Carnival Corp, the world's largest cruise operator, is refraining from picking sides on the question of making COVID-19 ...
DETROIT, Michigan: General Motors declared its intent to manufacture electric Chevrolet Silverado pickup trucks in late 2022. The electric vehicles ...
NEW YORK, New York: Driven by the surge in demand for cryptocurrencies from both institutional and retail investors, the market ...
WASHINGTON D.C.: Google has emerged victorious in a case filed by Oracle, as the U.S. Supreme Court that Google's use ...