Thu. Dec 3rd, 2020

Fxtriangle | Market analysis | Managed trading

Fxtriangle will make Fx trading look easy.

Australia leads gains; Asia-Pacific shares ascend

1 min read
Chinese stocks

Stocks in Australia led gains in Friday trade as Asia-Pacific markets rose.

Australia’s S&P/ASX 200 added 1.57% as shares of the country’s “Big Four” banks soared. Australia and New Zealand Banking Group surged 5.63%, Commonwealth Bank of Australia jumped 3.93%, Westpac soared 7.15% and National Australia Bank rose 6.86%.

The moves came after authorities announced changes to simplify credit access for consumers and small businesses.

Hong Kong’s Hang Seng index advanced 0.55%. Mainland Chinese stocks were also higher, with the Shanghai composite above the flatline while the Shenzhen component gained 0.285%.

In Japan, the Nikkei 225 rose 0.69% while the Topix index added 0.59%. South Korea’s Kospi also advanced 0.58%.

Overall, the MSCI Asia ex-Japan index traded 0.67% higher.

Leave a Reply

Forex trading and any instruments related to Foreign Exchange Market are Speculative and carry substantial risk of loss of either partial equity or the entire deposit amount. Leverage adds up to the risk, before considering to invest in this venture, you should first consider your financial position and may seek the help of an independent financial advisor. FXtriangle dis-recommends the usage of loan instruments to trade in this market as it can hamper financial position. Please do not invest the money that you cannot afford to lose. FXtriangle provides all its services throughout the Globe Excluding (Nigeria, British Virgin Island & the Islamic Republic of Iran) and also provides limited service in some jurisdictions where investment in Overseas markets / Fx Exchanges are prohibited by Law If you are not sure to contact us before using any of our services. FXtriangle acts as an Independent Corporate Financial Advisor and connects you to various overseas exchanges and cannot be held liable for any financial damage occurring through their side. All of our partnered institutions are regulated in various jurisdictions.FXtriangle conducts an independent background check before partnering with any institutions to fulfill your investment objectives smoothly. The usage of our Business name, Logo or any trademark in any financial forum, website, review website, complaint arena, Billboards without our written permission will attract lawsuits.