Stocks make ground in Asia, U.S. dollar has mixed day

Lola Evans
04 Aug 2022, 17:59 GMT+10

It was all smiles on Asian stock markets Thursday as all the major indices recorded rises.
In Japan, the Nikkei 225 advanced 190.30 points or 0.69 percent to 27,932.20.
China's Shanghai Composite rose 25.37 points or 0.80 percent to 3,189.04.

SYDNEY, NSW, Australia - It was all smiles on Asian stock markets Thursday as all the major indices recorded rises.

In Japan, the Nikkei 225 advanced 190.30 points or 0.69 percent to 27,932.20.

China's Shanghai Composite rose 25.37 points or 0.80 percent to 3,189.04.

The Australian All Ordinaries edged up 4.60 points or 0.06 percent to 7,207.50.

In New Zealand, the S&P/NZX 50 climbed 30.47 points or 0.26 percent to 11,735.47.

South Korea's Kospi Composite gained 11.66 points or 0.47 percent to 2,473.11.

Hong Kong's Hang Seng did best, jumping 406.94 points or 2.06 percent to 20,174.04.

The U.S. dollar was mixed on Thursday. The euro perked up to 1.0175 by the Sydney close. The British pound inched down to 1.2168. The Japanese yen weakened to 134.18. The Swiss franc was a tad lower at 0.9615.

The Canadian dollar was comatose at 1.2847. The Australian dollar was choppy at 0.6966. The New Zealand dollar strengthened marginally to 0.6299.

Overnight on Wall Street, the Nasdaq Composite zoomed up 319.40 points, or 2.59 percent, to 12,668.16.

The Dow Jones industrials garnered 416.33 points, or 1.29 percent, to 32,812.50.

The Standard and Poor's 500 gained 63.97 points, or 1.56 percent, to 4,155.16.

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 Africa Leader.

More Information

12 ℃

Mostly Cloudy in Cape Town

International

Section

Bachelet asks Bangladesh to probe enforced disappearance allegations

DHAKA, Bangladesh - Michelle Bachelet has urged the Bangladesh government to establish an independent investigation into allegations of enforced disappearances. ...

UK moves forward in sending illegal migrants to Rwanda

LONDON, England: Despite a legal challenge in London's High Court in early September, the UK government is continuing to pursue ...

PM Modi says India working to become developed country in 25 years

NEW DELHI, India: During his national day address this week, Prime Minister NarendraModi said India will seek to become a ...

Heathrow Airport to extend limit on passengers till October

LONDON, England: The cap on flight departures from London's Heathrow Airport will beextended until October 29, airport officials announced.Heathrow capped ...

German fighter jets to take part in joint exercises in Australia

BERLIN, Germany: Highlighting Berlin's increasing focus on assisting in the Indo-Pacific region amidst rising tensions with China over Taiwan, Germany ...

France declares wildfire out, firefighters came from all of Europe

PARIS, France: French firefighters have stopped the spread of a "monster" wildfire in the country's southwest, allowing the reopening of ...

Business

Section