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Australian actions and in Japan increase, Korean actions open below

remon Buul by remon Buul
January 31, 2025
in Business
0
Australian actions and in Japan increase, Korean actions open below

Crowded and busy commercial streak Ameyoko in Tokyo, Japan

Visualspace | E + | Getty images

The markets in Asia mainly increased on Friday after Wall Street increased during the night while investors evaluated the benefits of Big Tech.

Japan benchmark Nikkei 225 increased by 0.24% while the larger Topix index increased by 0.21%.

The Tokyo consumer price index, excluding fresh food, increased by 2.5% over a year in January, compared to 2.4% in the previous month. The latest reading complies with Reuters estimates.

The unemployment rate of Japan for December fell to 2.4% against 2.5% the previous month, lacking reuters’ estimates of 2.5%.

At the same time, Japan retail sales for December climbed 3.7% compared to the previous year, while its industrial production figures for December increased by 0.3%, months over the month, compared to the reduced 2.2% in the previous month.

The South Korean markets opened below, after a four-day break. THE Kospit Recalled by 1.14% while the Kosdaq with small capitalization lost 0.36%.

In Australia, the S&P / ASX 200 increased for the third consecutive day to close to a summit of all time. The index climbed 0.45% to 8,532.30.

The country’s producer’s price index increased by 3.7% until the year in December 2024, revealed data published by the Australian Statistics Bureau.

Indian actions opened higher before the country’s union budget on Saturday. The reference NIFTY 50 won 0.71%, while the BSE Sensex index increased by 0.58%.

Hong Kong and the Chinese markets remain closed for the Lunar New Year Holidays.

In the United States, the three main clues increased.

The industrial average of Dow Jones has climbed 168.61 points, or 0.38%, closing at 44,882.13. During his session heights, he added nearly 300 points. The S&P 500 increased by 0.53% to 6,071.17, while the NASDAQ composite gained 0.25% to end at 19,681.75.

The actions reduced the gains at the end of the session after the American president Donald Trump announced his intention to implement American imports of 25% of Canada and Mexico.

– Lisa Kailai Han of CNBC and Sean Conlon contributed to this report.

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