Hong Kong, Taiwan jump such as Asia Pacific stocks rise; bitcoin price rebound

SINGAPORE – Shares in Asia-Pacific were higher in Thursday morning trade, with markets in Japan closed for a holiday.

Hong Kong’s Hang Seng Index was among the largest gains regionally, rising 1.19% in soon trade. The Taiex in Taiwan also gained 1.01%.

Mainland China stocks are in rise higher, with the Shanghai Composite was up about 0.1% while the Shenzhen component was up in fractional way.

South Korean Kospi gains 0.92% in morning trade.

Elsewhere, the S&P / ASX 200 in Australia gained 0.74%. Actions of the leading BHP miner rose nearly 3% after the company announced Thursday the signature of a nickel supply contract with Tesla.

The broader MSCI index of Asia-Pacific shares outside Japan traded 0.78% higher.

However, concerns over the situation of the coronavirus in Asia-Pacific could continue to weigh on regional sentiment on Thursday. The two largest states of Australia on Wednesday reported strong increases in new Covid infections, while Indonesia has seen record high deaths from the virus, according to Reuters.

markets in Japan is closed on Thursday for a holiday.

Meanwhile, the price of bitcoin rebounded after falling recently below the $ 30,000 mark. It was trading at $ 31,971.17 as of 9:37 pm ET Wednesday, according to Coin Metrics.

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Overnight in the States, the Dow Jones Industrial Average gained 286.01 points to 34,798 while the S&P 500 was up 0.82% to 4,358.69. The Nasdaq Composite gained 0.92% to 14,631.95.

Currencies and oil

The United States dollar index, which follows the greenback against A basket of its peers, it was at 92.824 after a recent drop from above 93.

The Japanese yen was trading at 110.13 per dollar, weaker than the levels below 109.5 seen against the greenback earlier this week. The Australian dollar changed hands at $ 0.7345, still above levels below $ 0.732 viewed yesterday.

Oil prices were lower in the morning of Asia trading hours on Thursday, with international the future of the reference crude Brent in drop 0.36% to $ 71.97 a barrel US crude oil futures fell 0.31% to $ 70.08 a barrel.

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