Asian shares rise after Wall Street rise, Fed Chair comments
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2022-09-09 04:30
Asian shares rise after Wall Street rise, Fed Chair comments
TOKYO — (AP) — Asian benchmarks rose Friday, cheered by gains on Wall Street as comments from the Federal Reserve chairman assured markets on the expected rate rise. Japan's benchmark Nikkei 225 rose 0.4% in morning trading to 28,181.50. Australia's S&P/ASX 200 added 0.5% to 6,881.30. Hong Kong's Hang Seng jumped 2.3% to 19,282.70, while the Shanghai Composite added 07% to 3,256.79. Trading was closed in South Korea for a holiday. 'Ongoing recovery in the risk environment could provide a positive backdrop for the Asia session to end the week, although Chinese equities still seem to be finding some difficulty in tapping on the improved environment for some relief,' said Yeap Jun Rong, market strategist at IG in Singapore.

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