Stock market today: Asian shares boosted by Wall Street rise on consumer confidence and jobs
Asian shares rose Wednesday, boosted by a Wall Street rally that came on positive reports on consumer confidence and job openings. Japan’s benchmark Nikkei 225 added 0.3% in afternoon trading to 32,312.75. South Korea’s Kospi rose 0.4% to 2,563.37. Hong Kong’s Hang Seng gained 0.5% to 18,574.12, while the Shanghai Composite inched up 0.1% to 3,139.28. Australia’s S&P/ASX 200 jumped 1.2% to 7,297.70, after the Australian Bureau of Statistics reported the monthly Consumer Price Index indicator rose 4.9% in the 12 months to July. That was lower than the expected 5.2%, marking the first time since February
August 30, 2023