The only major Asian market trading today ‘Japanese stock exchange’ ended in green on Friday after US shares extended their winning streak to five sessions overnight, shrugging off concerns over inflation and higher interest rates. Japanese shares saw a relief rally after the government nominated Haruhiko Kuroda to serve a second five-year term as the head of the Bank of Japan, a signal that easy monetary policies will continue. Trading volumes remained thin across Asia as markets in China, Hong Kong, Indonesia, Malaysia, Singapore, South Korea and Taiwan remained closed for the Lunar New Year holiday. Chinese markets are closed till February 21.
Nikkei 225 gained 255.27 points or 1.19% to 21,720.25.
