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Asian stock markets close Thursday with gains

Asian stock markets close Thursday with gains
Investors optimistic as fears of omicron coronavirus variant ease but trading volume drops ahead of Christmas holidays

By Tuba Sahin

ANKARA (AA) – Stock markets in Asia posted strong rises at Thursday's close fueled by eased worries over the omicron variant of coronavirus and strong US data.

The trading volume in Asian stock markets has thinned as Christmas break approaches.

The US real gross domestic product (GDP) was revised to an annual rate of 2.3% for the third quarter, according to the Commerce Department’s third and a final reading on Wednesday. The second reading last month was 2.1%

US consumer confidence increased 3.9 points to 115.8 in December, rebounding from its lowest level in nine months in November, the Conference Board announced on Wednesday.

Many of the world markets will be closed Friday due to Christmas holidays.

The Asia Dow, which includes blue-chip companies in the region, jumped 40.1 points, or 1.08%, to close at 3,765 points.

Tokyo’s Nikkei 225 stock exchange gained 236.16 points, or 0.83%, to close Thursday at 28,798.

The Hang Seng, the benchmark for blue-chip stocks trading on the Hong Kong stock exchange, climbed 91.3 points, or 0.40%, to 23,193.

China’s Shanghai stock exchange rose 20.7 points, or 0.57%, to 3,643 points.

The Indian Sensex benchmark increased 408.9 points, or 0.72%, to reach 57,339 points and the Singapore index went up 6.08 points, or 0.20%, to reach 3,093.

source: News Feed
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