Asian stocks end bumpy week a little higher

Asian stocks are rising after an upbeat report on the US economy calmed investors’ nerves following days of stomach-churning turbulence sparked by a heavy sell-off in China.

Asian stocks end bumpy week a little higher

Asian stocks are rising after an upbeat report on the US economy calmed investors’ nerves following days of stomach-churning turbulence sparked by a heavy sell-off in China.

Japan’s benchmark Nikkei 225 index led regional gains, adding 2.5% to 19,020.35 after lacklustre economic data raised hopes of further stimulus.

The Shanghai Composite Index in mainland China rose 1.2%t to 3,120.25, adding to gains the day before, when it posted its first gain in six days by ending 5.3% higher.

South Korea’s Kospi climbed 1.4% to 1,933.98 while Hong Kong’s Hang Seng added 0.9% to 22,042.26. Australia’s S&P/ASX 200 edged up 0.2% to 5,243.40.

Major US benchmarks ended higher after a report indicated the US economy expanded much faster in the second quarter than previously thought.

more courts articles

Man appears in court charged with false imprisonment of woman in van Man appears in court charged with false imprisonment of woman in van
Man in court over alleged false imprisonment of woman Man in court over alleged false imprisonment of woman
Coronation Street actor William Roache (91) given three months to settle tax debt Coronation Street actor William Roache (91) given three months to settle tax debt

More in this section

Nottingham City Centre Stock Irish staff at the Body Shop wait for wages as retailer shuts stores in the Republic
Ryanair comments on Norwegian Ryanair boss O'Leary's spat with Transport Minister over Dublin Airport escalates
Lord Rothschild death Tony Blair leads tributes on death of financier Rothschild at age 87
IE logo
Devices


UNLIMITED ACCESS TO THE IRISH EXAMINER FOR TEAMS AND ORGANISATIONS
FIND OUT MORE

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
ie logo
Puzzles Logo

Play digital puzzles like crosswords, sudoku and a variety of word games including the popular Word Wheel

Lunchtime News
Newsletter

Keep up with the stories of the day with our lunchtime news wrap.

Sign up
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited