Tokyo, Asian shares rose on Wednesday after a strong lead from Wall Street fueled by hopes for additional U.S. economic stimulus and a coronavirus vaccine, Reuters reported.
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.27%, but was still trading below last week’s all-time high. Australian stocks rose 0.12%.
Shares in China recovered from early losses and rose 0.12%.
Tokyo stocks were little changed after setting a new 29-year high. South Korean shares hit a record high due to signs of an increase in semiconductor demand.
Brent crude futures fell 0.74% to $47.01 per barrel, while U.S. crude fell 0.88% to $44.16 per barrel.
Source: Saudi Press Agency