Japan jumps 2% as Asia-Pacific stocks advance amid vaccine hopes
Stocks in Japan led gains among Asia-Pacific markets as investors in the region react to more positive coronavirus vaccine news, as well as U.S. President-elect Joe Biden’s choice of former Federal Reserve Chair Janet Yellen as Treasury Secretary.
In early trade, the Nikkei 225 jumped 2.35% as shares of robot maker Fanuc gained 2.22%. The Topix index advanced 2.18%. Markets in Japan were closed on Monday for a holiday.
South Korea’s Kospi rose 0.28%. Elsewhere in Australia, the S&P/ASX 200 gained about 1%.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.15% higher.
Reference: CNBC
Thai
Eng