On Friday, The Asian market gained some ground from previous session, as most markets ended the session higher ahead of U.S jobs data.
The U.S jobs data, Nonfarm payrolls report later in the day, is projected to show the 185,000 jobs were created in the U.S. investors will keep an on this reading as its last jobs report FOMC’s upcoming meeting in June.
Mainland China Benchmarks gained some lost ground after closing lower in the previous as weak economic data pressured prices lower. Hong Kong’s Hang Seng index rose by a margin of 0.44 percent to settle at 25,924.05. And Shanghai Composite added 0.11 percent to end the session at 3,105.54.
Elsewhere, South Korean Benchmark Kopsi surged 1.16 percent ahead of upcoming U.S jobs data to end the session at 2,371.72.
The Japanese Stock Exchange:
Japanese stocks ended Friday’s session in the green for the second session in a row, due to advances in Gas & Water, Marine Transport and Warehousing Sector pushed shares upwards. The benchmark continued to gain after strong manufacturing data in the previous session.
Japans benchmarks Nikkei 225 Surged by a margin of 1.60 percent to end the session at 20,177.28.
The benchmark’s best performers on Friday’s session were NSK Ltd. whom gained 7.51 percent to end the session at 1,445.0. Followed by Kobe Steel, Ltd. that rose 6.77 percent to trade at 1,080.5 at the close. Meanwhile, Toho Zinc Co., Ltd. added 5.97 percent to close at 444.0.
On the other hand, the worst performers were Nichirei Corp. that saw a drop of 2.47 percent to close the session at 3,155.0, and Trailed by Nissan Chemical Industries, Ltd. which fell by 1.78 percent to trade at 3,865.0 and Nippon Telegraph & Telephone Corp declined 1.33 percent to end at 5,282.0.
Overall rising stocks outnumbered the declining stocks by 2153 to 934 and 289 closed flat in Friday’s session.
USD/JPY rose by 011 percent to trade at 111.46, and EUR/JPY was up 0.16 percent to trade at 125.05.
Australia Stock Exchange:
In Australia, Shares closed higher for the second consecutive session on Friday, driven up by gains in IT, Consumer Staples and Metals & Mining sectors.
The Aussie Benchmark ASX 200 gained 0.87 percent to end Friday’s session at 5,788.11.
The best performers of the session on AXS 200 were Sigma Pharmaceuticals Ltd which was up by a margin of 6.59 percent to end the session at 0.890. While, Asaleo Care appreciated by 5.71 percent to trade 1.480 at the close, followed by Henderson Group PLC which rose 5.40 percent to end at 45.050.
Meanwhile, the Worst performers in the session were St Barbara Ltd whom dropped 4.44 percent to end at 2.800. Meanwhile, AGL Energy Ltd tumbled 3.86 percent to close at 25.930 and Resolute Mining Ltd dropped 2.60 percent to end the session at 1.125.
The Australian Stock Exchange saw the number of rising stocks outweigh the number of falling stocks by 637 to 454, while 345 remained flat.
The AUD/USD gained 0.26 percent to trade at 0.7391.
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