Wednesday, May 18, 2022

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Asian markets end higher today  

Asian markets ended higher today as investors awaited an update from the Federal Reserve on possible plans to reduce US stimulus. So Japan’s Nikkei-225 index added 0.6 percent; China’s Shanghai Composite index climbed 1.1 percent; South Korea’s Kospi and Hong Kong’s Hang Seng index gained 0.5 percent, each and Singapore’s Straits Times index rose 0.4 percent.

In Europe, London’s FTSE-100 had declined 0.3 percent and France’s CAC-40 had dropped 0.4 percent; while Germany’s DAX had shed 0.2 percent, in intra-day trade.

 

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