A currency trader passes by a screen showing the Korea Composite Stock Price Index , top center left, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Aug. 9, 2024. In Tokyo, the Nikkei 225 index was up 1.6% at 35,380.23. The yen again fell under pressure after three days of rising against the dollar, giving a lift to Japanese stocks that often rise when the yen falls.
On early Friday trading, the U.S. dollar rose to 147.15 Japanese yen from 147.24 yen. The euro cost $1.0924, up from $1.0918. The Hang Seng in Hong Kong added 1.9% to 17,211.26 and the Shanghai Composite index edged 0.2% higher to 2,876.51. Elsewhere, Taiwan’s Taiex gained 3.4%, with chip maker Taiwan Semiconductor Manufacturing Co. gaining 3.6%, tracking Big Tech stocks' rally on Wall Street. The SET in Bangkok was up 0.5%.
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