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Markets up as Investors Assess Bank Decisions

Markets up as Investors Assess Bank Decisions

Asia-Pacific markets rose on Thursday, with Hong Kong stocks leading regional gains.

In Japan, the Nikkei 225 index jumped 276.95 points, or 0.9%, to 32,287.21, running its win streak to four sessions.

In Hong Kong, the Hang Seng popped 366.25 points, or 2.1%, to 18,212.17.

Korean markets pointed higher. South Korea’s central bank left rates unchanged at 3.5%, while Indonesia is expected to hold its benchmark policy rate unchanged at 5.75%.

South Korea’s producer price index climbed 0.2% year-on-year, the 13th straight month that growth in the PPI has slowed.

Australian markets gained, running their win streak to three sessions.

In other markets

The CSI 300 recovered 26.8 points, or 0.8%, to 3,723.43.

In Taiwan, the Taiex index hiked 193.97 points, or 1.2%, to 16,770.87.

In Korea, the Kospi index recouped 32.18 points, or 1.3%, to 2,537.68.

In Singapore, the Straits Times Index nosed ahead 6.54 points, or 0.2%, to 3,180.72.

In New Zealand, the NZX 50 backtracked 69.8 points, or 0.6%, to 11,502.13.

In Australia, ASX 200 added 33.69 points, or 0.5%, to 7,182.11.