AFP, Hong Kong :
Asian equities were largely subdued in mixed morning trade on Thursday, as recent gains held with investors still optimistic about US-China trade ties.
Following the Christmas lull across world markets, eyes are now on US unemployment data due later in the day, and Japanese industrial and retail data scheduled for release on Friday.
Tokyo’s benchmark Nikkei index rose 0.5 percent after a flat start and Shanghai put on 0.4 percent, but Seoul was flat.
“Investor sentiment towards the global economy is improving,” said Rakuten Securities chief strategist Masayuki Kubota. Hong Kong, Sydney and Wellington were closed for a public holiday.
“With the… tech sector giants leading the way, investors are showing no fear as the market remains underpinned by the thawing in the US-China trade squabble and easy central bank policy,”.
Asian equities were largely subdued in mixed morning trade on Thursday, as recent gains held with investors still optimistic about US-China trade ties.
Following the Christmas lull across world markets, eyes are now on US unemployment data due later in the day, and Japanese industrial and retail data scheduled for release on Friday.
Tokyo’s benchmark Nikkei index rose 0.5 percent after a flat start and Shanghai put on 0.4 percent, but Seoul was flat.
“Investor sentiment towards the global economy is improving,” said Rakuten Securities chief strategist Masayuki Kubota. Hong Kong, Sydney and Wellington were closed for a public holiday.
“With the… tech sector giants leading the way, investors are showing no fear as the market remains underpinned by the thawing in the US-China trade squabble and easy central bank policy,”.
