Mainland markets reopen after the New Yr vacation
SINGAPORE – Asia Pacific stocks rose Thursday as investors watch for moves in mainland Chinese stocks, which are expected to return from the New Year holiday.
Japan’s Nikkei 225 rose 0.68% in early trading while the Topix index rose 0.2%. South Korea’s Kospi hovered over the flatline.
Australian stocks rose in morning trade as the S & P / ASX 200 gained 0.12%.
Australian January employment data, including the unemployment rate for the month, is expected around 8:30 a.m. HK / SIN.
MSCI’s broadest index for stocks in the Asia-Pacific region outside of Japan rose 0.07%.
The US dollar index, which tracks the greenback versus a basket of its peers, came in at 90.951, having recently risen below 90.3.
The Japanese yen was trading at 105.88 per dollar, weaker than below 105.6 against the greenback earlier this week. The Australian dollar was trading at $ 0.7759 after hitting a level of $ 0.78 at the start of the trading week.
Here’s a look at what’s on tap:
- Australia January employment data, including unemployment rate, at 8:30 am HK / SIN