TOKYO (dpa-AFX) - The Japanese stock market is notably higher on Monday following the record closing highs on Wall Street Friday after data showed a modest rebound in U.S. employment in the month
My first feeling after waking up last Monday and hearing about the military takeover in Myanmar is hard to explain, but it was certainly disappointing to see such a setback for Thailand's next-door neighbour.
2/5/2021 5:50:13 AM GMT
Asia Market Update: Asia trades generally higher after US gains; USD remains mostly firmer; US jobs data due later today; Biden expected to speak on stimulus.
General Trend
- Following the mostly positive open, Asian indices have remained generally higher; Nikkei 225 is closer to session highs, Hang Seng has pared gains; ASX 200 closed near session highs
- Financials trade broadly higher after the recent rise in longer-term gov’t bond yields
- SMIC declines over 6% in HK, Q4 gross margin dropped
- Kuaishou Technology rises over 190% during first day of trading in HK
- Mazda rises over 18% amid raised outlook