Asia up after US close, BoE's bonds purchase

Thursday, 29. September 2022 07:11

Stock indexes in Asia traded higher on Thursday, continuing a trend from earlier today, after Wall Street previously closed the trading session in the green zone and following the latest announcement by the Bank of England, according to which the bank decided to buy the country's long-dated bonds to address a current issue.

The Nikkei 225 added 1.06% at 7:06 am CET, while the Kospi Composite was up by 1.20% and the Hang Seng gained 1.18% at the same time. The S&P/ASX 200 jumped 1.93% a minute later. At 7:09 am CET, the Shanghai Composite rose by 0.54% and the Shenzhen Composite improved by 0.89%.

The dollar traded 0.22% higher compared to the yen, going for 144.4695 at 7:06 am CET.

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Author:
Baha Breaking News (BBN) / MM