Asia-Pacific stocks jump after overnight Dow surge following positive coronavirus vaccine development
Stocks in Asia-Pacific traded higher on Tuesday morning as investors in the region react to positive developments overnight on the coronavirus vaccine front.
In Japan, the Nikkei 225 rose 1.46% in early trade while the Topix index gained 1.84%. Over in South Korea, the Kospi was above the flatline.
Shares in Australia also advanced, as the S&P/ASX 200 rose 1.49%.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.13% higher.
On the economic data front, China’s consumer price index and producer price index for October are set to be out at around 9:30 a.m. HK/SIN.
Reference: CNBC
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