Asian stocks jump as investors stick to bullish view

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Malaysia News News

MSCI’s gauge rises to record high led by gains in Chinese shares

Foreign exchange traders monitor screens in Tokyo, Japan. Picture: GETTY IMAGES/CARL COURT

Japan’s Nikkei share average lost 0.58% on its last trading day of 2020 after jumping to a 30-year high on Tuesday. For the year, it was up 15.8%. “We think continued monetary and fiscal policy support means investors should take risk. Stocks will do better than bonds. Within bonds, corporate bonds should beat government bonds,” said Hiroshi Yokotani, head of Asia-Pacific fixed-income business at State Street Global Advisors.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines