spurred bets that the Federal Reserve will slow the pace of its aggressive policy tightening.
Japan’s Nikkei 225 index was on track to post a 2.9 per cent gain, while Hong Kong’s Hang Seng roared 5.7 per cent higher. South Korea’s Kospi index jumped 3.1 per cent.P/ASX 200 soared 2.8 per cent, or 194 points, to 7158, with the index hitting its highest level in five months during the session. Friday’s rally lifted the benchmark to a weekly gain of 3.9 per cent.
The local technology sector was boosted by a decline in bond yields; Zip surged 18.4 per cent to 74¢, Block jumped 11.5 per cent to $100.91 and Megaport added 13.6 per cent to $6.11.sealed a five-year deal for the Australian OpenRamsay Health Care jumped 4.7 per cent to $61.85 after reporting that activity and profitability improved across all regions over the September quarter as COVID-19 cases fell in the community.
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