Asian Equities Generally Higher on U.S. Lead

Asian equity markets largely opened firmer on Thursday on the back of a stronger finish on Wall Street overnight.

Overnight, U.S. stocks ended higher as on strong data and optimism that a resolution was in sight for the Greece debt talks. The tech-heavy Nasdaq led gains with a 0.45 percent rise, while the Dow Jones Industrial Average and the S&P 500 closed up 0.36 and 0.21 percent, respectively.

Japan’s Nikkei 225 edged up in early trade, with the dollar-yen providing some positive support by advancing a tad to 124.37.  Index heavyweight Softbank is in focus after announcing a $1 billion investment in South Korea’s e-commerce player Coupang late Wednesday. Shares of the Japanese mobile carrier notched up 0.2 percent.

CNBC

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.