Asian markets recover from three-month low hit on Thursday
Japan’s Nikkei rose 0.89% after Wall Street shares staged a rally, driven by cheap, cyclical stocks that have been battered by Covid-19’s effects
26 March 2021 - 07:44
Tokyo — Asian shares bounced back from a three-month low on Friday thanks to a late-day rally on Wall Street as optimism about the global economic recovery was overshadowed by rising tensions between the West and China.
MSCI’s ex-Japan Asia index rose 0.37% after hitting a near three-month low on Thursday, while the Shanghai Composite Index gained 0.78%, snapping a three-day losing streak...
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