Asian stock markets move higher, U.S. dollar recovers overnight losses

Lola Evans
23 Jun 2022, 17:46 GMT+10

Stocks in Asia traded higher on Thursday.
China's Shanghai Composite did best, rising 52.95 points or 1.62 percent to 3,320.15.
In New Zealand, the S&P/NZX 50 climbed 135.23 points or 1.27 percent to 10,813.92.

SYDNEY, NSW, Australia - Stocks in Asia traded higher on Thursday. The Nikkei 225 in Tokyo gained 21.70 points or 0.08 percent to 26,171.25.

China's Shanghai Composite did best, rising 52.95 points or 1.62 percent to 3,320.15.

In New Zealand, the S&P/NZX 50 climbed 135.23 points or 1.27 percent to 10,813.92.

The Australian All Ordinaries added 9.10 points or 0.14 percent to 6,691.40.

The Hang Seng in Hong Kong added 265.53 points or 1.26 percent to 21,273.87.

In South Korea, the Kospi Composite, going against the regional trend, fell 28.49 points or 1.22 percent to 2,314.32.

The U.S. dollar recovered from overnight losses, sending the euro back down to 1.0502, by the Sydney close Thursday.

The British pound fell to 1.2180. The Swiss franc eased to 0.9653.

The Canadian dollar was friendless at 1.2984. The Australian dollar weakened sharply to 0.6873. The New Zealand dollar dived to 0.6249.

Going against the trend, the Japanese yen made a modest gain to 135.44.

Overnight on Wall Street, the Dow Jones retreated 47.12 points or 0.15 percent to 30,483.13.

The Nasdaq Composite dropped 16.22 points or 0.15 percent t to 11,053.08.

The Standard and Poor's 500 slipped 4.90 points or 0.13 percent to 3,759.89.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Israel Herald.

More Information

7 ℃

Rain in Amman

International

Section

Six young people dead in Tennessee freeway collision

MEMPHIS, Tennessee: Tennessee authorities are slowly releasing information about a weekend car crash on a freeway that killed six young ...

180 Rohingya Muslim refugees land boat in Indonesia's Aceh

JAKARTA, Indonesia: Officials from Indonesia's Aceh province said that more than 180 Rohingya Muslims landed this week by boat, in ...

Hong Kong demonstrators hold protest amidst strict restrictions

HONG KONG: Hong Kong's first authorized protest took place since the end of COVID-19 restrictions and under new strict security ...

Trying to avoid general call-up, Russia offering men cash to join army

MOSCOW, Russia: A new campaign has begun across Russia to attract badly needed recruits to replenish its troop numbers for ...

Security concerns behind proposed US ban of TikTok

WASHINGTON D.C.: US House of Representatives Speaker Kevin McCarthy has said that lawmakers will move forward on legislation aimed at ...

In first, US tribal university to offer PhD degree

CROWNPOINT, New Mexico: Navajo Technical University, located on the largest Native American reservation in the US, has become the first ...

Business

Section