Sat. Jan 16th, 2021

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Asia-Pacific shares majorly higher

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Asian shares

Asia-Pacific shares mostly higher

Stocks in Asia-Pacific were mostly higher in Thursday morning trade following an overnight surge on Wall Street.

In Japan, the Nikkei 225 gained 0.99% in early trade while the Topix index advanced about 0.8%.

South Korea’s Kospi rose 0.18%. Shares of industry heavyweight Samsung Electronics dipped about 0 3% despite the firm announcing Thursday its profit for the three months that ended in September likely rose 58% from a year ago.

Stocks in Australia also saw gains, with the S&P/ASX 200 up 1.14%.

Hong Kong’s Hang Seng index lagged regionally among the region’s major markets, slipping 0.73%.

MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.23% higher.

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