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TOKYO.- The most representative stock exchanges of A sia closed on Friday on the rise, the Tokyo Stock Exchange leading the gains of the day and the week.
The Nikkei index of the Tokyo Stock Exchange hit three-week highs, supported by the weakness of the yen and the benefit of Fast Retailing action after good results in the third quarter.
The Japanese benchmark rose 1.9% to 22,559.35 units, its strongest closing since June 21st. The benchmark gained 3.7% over the week to break a three-week loss period. It was his biggest weekly gain since the end of March.
The shares of Fast Retailing, operator of Uniqlo clothing stores, grew by 7% after the 37% increase in their operating profit in the third quarter.
The newspaper adds about 130 points to the Nikkei.
While the broader Topix index, it only increased by 1.2 percent to 1,730.07 units.
For its part, Chinese equities closed without major changes, although they recorded their highest weekly gain in more than two years.
The main CSI300 index rose 0.4% to 3 thousand 492.69 points, while Shanghai Composite Index closed with a decline of 0.2% at 2 thousand 831,18 units.
During the week, the Shanghai Composite gained 3.1%, while the CSI300 gained 3.8%. Both recorded their best week since June 2016.
In general, the reaction to Chinese trade data for June was mixed.
The Asian giant's exports unexpectedly increased in June and its trade surplus with the United States reached a record, a positive signal for the country's economy, although the overall result suggests that the dispute trade between the two largest world economies could
The Hong Kong stock market closed with slight gains and its benchmark, the Hang Seng, rose by 0.16% to close the week at 28 thousand 525, 44.
This badumes that Hang Seng recorded a cumulative increase of 0.74 percent during this week; While the Kospi indicator of the South Korean market has achieved an advance of 1.13%, stand at 2 thousand 310.90 points.
In Singapore, the Straits Times index rose 0.23% to end at 3,260.35 units
In the currency market, the dollar hit a new high in six months against the yen of 112,775 units, its highest level in six months, driven by the higher inflation forecast in the United States.
With information from Reuters and Notimex.
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