Asian markets ended mostly higher on Thursday as oil surged after China unveiled its plans to start buying up cheap crude for its strategic reserves, adding to tentative signs of growing risk appetite across financial markets that’s propelling prices higher. China logged fewer new infections but measures restricting movement across the country have tightened in some places due to fear of imported cases. China had 35 new cases of the disease on April 1, all of which were imported, according to the National Health Commission. Though, Japanese shares extended their losses after Private reports warned that Japan was on the brink of a medical crisis as cases rose around the nation, especially in Tokyo.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,780.64 | 46.12 | 1.69 |
Hang Seng | 23,280.06 | 194.27 | 0.84 |
Jakarta Composite | 4,531.69 | 65.65 | 1.47 |
KLSE Composite | 1,330.90 | 8.24 | 0.62 |
Nikkei 225 | 17,818.72 | -246.69 | -1.37 |
Straits Times | 2,453.03 | 12.76 | 0.52 |
KOSPI Composite | 1,724.86 | 39.40 | 2.34 |
Taiwan Weighted | - | - | - |
