Asian shares rise, commodities steady on hopes for recovery
MSCI’s broadest index of Asia-Pacific shares outside Japan and Nikkei rise as Chinese stocks are mixed
06 May 2021 - 07:18
Tokyo — Asian shares rose on Thursday and commodity prices held near multiyear highs as investors switched to cyclicals amid hopes of a strong economic recovery, while the Australian dollar fell after China said it would end economic dialogue with Canberra.
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.25%, and Japan’s Nikkei jumped 1.8% as it reopened after a five-day holiday...
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