Asia Pacific Markets Rise After Wall Street’s Leap; Yen near 149 . levels

A man wears a mask in front of the Australian Stock Exchange logo on March 13, 2020 in Sydney, Australia.

Jenny Evans | Getty Images

Shares in the Asia-Pacific region traded higher on Tuesday after Wall Street rose overnight.

in Australia , S & P / ASX 200 A gain of 1.72% to 677920, driving gains in the broader region. Reserve Bank of Australia It released its meeting minutes for the October meeting. The Nikkei 225 It was 1.42%, up at 27156.14, while Topix added 1.16% to 1901.44. Japan yen It touched 149.08 against the dollar and was last trading near 149.08.

The Hang Seng Index In Hong Kong, it was up 1.23% in the last hour of trading, with Hang Seng Tech up 3.3%. in mainland China, Shanghai boat It turned negative and closed 0.13% lower at 3080.96 and the Shenzhen component rose 0.23% to 11187.70.

China was due to release GDP data, but it delayed that and a large number of economic releases for the third quarter, according to the updated calendar published on the National Bureau of Statistics website. This unusual move comes as the Chinese Communist Party holds its 20th National Congress.

South Korea Cosby The KOSDAQ Index rose 1.36% to 2249.95, and the KOSDAQ Index rose 2.21% to 697.09. MSCI’s broadest index of Asia Pacific shares outside Japan added 1.36%.

Overnight in the United States, Major indices jumped after some better-than-expected earnings reports.

The Dow Jones Industrial Average added 550.99 points, or 1.86%, to close at 30,185.82. The S&P 500 rose 2.65% to 3,677.95. The tech-heavy Nasdaq Composite jumped 3.43% on its best day since July, ending at 10,675.80.

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CNBC’s Jesse Pound and Yun Lee contributed to this report.

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