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Asia markets trade mixed as contagion fears from banking turmoil ease - TL;DR CNBC

Asia markets trade mixed as contagion fears from banking turmoil ease

Publishing timestamp: 2023-03-28 03:38:17


Summary

Stocks in Asia-Pacific traded mixed on Tuesday after Wall Street saw eased investor fears of contagion from recent banking turmoil after First Citizens BancShares agreed to buy large parts of Silicon Valley Bank. Hong Kong's Hang Seng index was up 1.1%, leading gains in the region, and Hang Seng Tech index gained 0.7%. In Australia, the S&P/ASX 200 rose 1.04% to close the day at 7034.1. Meanwhile, Japan's Nikkei 225 climbed 0.15% to close at 27518.25 and Topix saw a larger gain of 0.25% to end at 1966.67. South Korea's


Sentiment: NEUTRAL

Tickers: JPM8306.T-JP.IXICDB.HSIMQG-AUCBA-AU@CL.1.DJI.SSECWBC-AU.N225@LCO.18411.T-JP.SPXAUD=.AXJO.KS118316.T-JP.DXY.SZIBABAJPY=WFCFCNCANAB-AU

Keywords: asia economysouth koreabreaking news: asiaaustralian dollar/us dollar fx spot rateshanghaichinaworld marketshang seng indexnikkei 225 indexaustraliashenzhen component indexbreaking news: marketsbusiness newsmarketskospi indexeconomic eventsdxy us dollar currency indexice brent crude (apr'23)wti crude (mar'23)usd/jpys&p/asx 200

Source: https://www.cnbc.com/2023/03/28/asia-markets-extend-gains-as-investors-try-to-leave-banking-fears-behind.html


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