Hong Kong’s Hang Seng index jumps more than 2%, leading gains as Asia-Pacific stocks rise

The Nikkei 225 in Japan climbed 0.3% while the Topix index traded 0.19% higher.

South Korea’s Kospi gained 0.78% while the S&P/ASX 200 in Australia advanced 0.21%.

MSCI’s broadest index of Asia-Pacific shares outside Japan traded 1.4% higher.

“As is often the case with equity markets, when the news simply looks like it can’t get any worse, that is when market participants start seeing less bad as the new good,” David Wong, senior investment strategist at AllianceBernstein, told CNBC’s “Street Signs Asia” on Tuesday.

Leave a Reply

Your email address will not be published.