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GLOBAL MARKETS-Stocks in Asia rise on China reopening hopes

November 4, 2022
Source: devdiscourse.com devdiscourse.com
News Snapshot:
Asian equities surged on Friday and were set for their first weekly gain in a month, as renewed hopes that China will relax its strict COVID measures spurred a rally in riskier assets. MSCI's broadest index of Asia-Pacific shares outside Japan was 2.07% higher on the day, with China's stock market up 2% and Hong Kong's Hang Seng Index surging nearly 6%. The Hong Kong index was set for its biggest weekly gain in over a decade. European stock futures indicated stocks were set to gain, with the Eurostoxx 50 futures up 0.67%, German DAX futures up 0.45% and FTSE...
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Tags: anti-virus | ASIA | audit | auto | bank | Bloomberg | China | Chinese | Covid-19 | currency | Dollar | Economy | European | finance | financial | German | Gold | Hang Seng | Hong Kong | Japan | Oil | Pacific | social media | stock market | stocks

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