Asian stocks at seven-month highs after Wall Street cracks more records | Malay Mail

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SYDNEY, Aug 19 — Asian shares climbed to a seven-month peak today tracking the S&P 500, which scaled all-time highs driven by ever expanding policy stimulus aimed at cushioning the blow to economies from the coronavirus pandemic. MSCI’s broadest index of Asia-Pacific shares outside of Japan...

Wednesday, 19 Aug 2020 08:25 AM MYT

MSCI’s broadest index of Asia-Pacific shares outside of Japan rose 0.3 per cent, up for a third straight day to 570.80 points, a level not seen since late January. The closely-watched S&P 500 topped an all-time peak reached in February just before the onset of the Covid-19 pandemic drove the benchmark index to lows on March 23. The index has surged about 55 per cent since then.

 

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