Asian Shares were mostly higher on Thursday as investors digested recent developments on U.S.-China trade.
- In Japan, the Nikkei 225 gained 0.71% to close at 23,300.09.
- The Topix index added 0.48% to end its trading day 1,711.41.
- Mainland Chinese stocks gained on the day, with the Shanghai composite up 0.74% to about 2,899.47.
- The Shenzhen component rising 1.15% to 9,799.07.
The Shenzhen composite added 1.147% to approximately 1,626.97.
Hong Kong’s Hang Seng index gained 0.56%, as of its final hour of trading.
- Meanwhile, shares in Australia also advanced after leading losses among regional markets on Wednesday, with the S&P/ASX 200 closing 1.16% higher at 6,683.00.
- South Korea’s Kospi, on the other hand, lagged as it slipped 0.39% to close at 2,060.74.
- The U.S. dollar index, which tracks the greenback against a basket of its peers, was last at 97.562 after seeing highs above 97.7 yesterday.
- The Japanese yen traded at 108.81 against the dollar after weakening from levels below 108.5 yesterday.
- The Australian dollar changed hands at $0.684 after bouncing from lows around $0.681 in the previous session.
- Oil prices dipped in the afternoon of Asian trading hours, with international benchmark Brent crude futures 0.11% lower at $62.93 per barrel.
- U.S. crude futures declined 0.26% to $58.28 per barrel.