Japan’s Nikkei 225 surges nearly 2% as Asia-Pacific stocks rise
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SINGAPORE — Stocks in Asia-Pacific rose in Tuesday trade after major indexes on Wall Street rose to record closing highsAll other states
Regionally, Japanese stocks lead gains as the Nikkei 225The Topix index grew 1.39% while its value soared 1.85%
South Korea KospiThe rate of growth was 0.55%. According to data released Tuesday, South Korea’s third quarter 2021 gross domestic product increased 0.3% seasonally adjusted compared with previous quarter. This was less than the 0.6% median growth forecast in a Reuters poll.
Stocks in China’s mainland rose as the Shanghai compositeThe gains were about 0.1% Shenzhen componentYou have increased 0.201% Hong Kong Hang Seng indexThe flatline was traded.
The Australian government has a number of laws that protect the environment. S&P/ASX 200It rose by 0.19%
MSCI’s Asia-Pacific share index outside Japan was 0.25 percentage higher.
The stock of batteries maker shares is on the rise
Hertz car rental agency led to shares in Asia-Pacific battery producers exploding in Tuesday morning trade announced it will be ordering 100,000 vehiclesTesla to be available by 2022.
Japan Panasonic shares jumped 4.74%. South Korea’s LG Chem (owner of the electric battery maker LG Energy Solution) gained 1.83%. Contemporary Amperex Technology shares jumped 3.148% in China.
The Dow Jones Industrial Average and S&P 500 sailed to record closing highs on Monday. The Dow rose 64.13 points to 35,741.15 while the S&P 500 gained 0.47% to 4,566.48. Nasdaq Composite also rose 0.9% to 15,226.71.
Oil and Currencies
It U.S. dollar indexThe indices that track the greenback against its peers were at 93.851, a rise from 93.6.
It Japanese yenIt traded at 113.86 USD, still higher than last week’s levels of 114. The Australian dollarIt was $0.7506, down from levels of $0.75 yesterday.
Petroleum prices fell in the early hours of Asia trade, with benchmarks internationally. Brent crude futuresBroil prices fell fractionally, to $85.94/barrel U.S. crude futuresOil prices were slightly higher at $83.72/barrel
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