Regional stocks rally

Business | 13 Sep 2019 12:28 pm

Asian stocks advanced today as hints of progress in U.S.-China trade talks and aggressive stimulus from the European Central Bank helped counter worries about a global economic slowdown.

MSCI’s broadest index of Asia-Pacific shares outside Japan ticked up by 0.3 percent though mainland China and South Korea were closed for public holidays.

Tokyo stocks extended gains. The 225-issue Nikkei Stock Average gained 187.92 points, or 0.86 percent to 21,947.53. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 7.13 points, or 0.45 percent, at 1,602.23.-Reuters/The Standard 

 

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