TOKYO. Asian stock markets rose this morning, Friday (21/2). Regional index rebounded after falling sharply in two weeks.
The MSCI Asia Pacific Index rose 1% at 10:52 in Tokyo. Bloomberg's index increase following a rise in Dollar Spot Index for the third day.
Meanwhile, the Yuan fell 0.4% in Hong Kong. While Malyasia the Ringgit currency rose 0.2%.
The G20 Finance Ministers will be met this weekend in Sydney. "The market will be strengthened if the G-20 could take into account the risk in developing countries," said Isao Kubo, equity analyst Nissay Asset Management Corp. in Tokyo.
Meanwhile, conditions in the Asian benchmark indexes rose compared to yesterday. Japan's Topix Index rose 1.4%, Hong Kong's Hang Seng index rose 0.5%. Meanwhile, the Shanghai Composite Index fell 0.8%. Meanwhile, Seoul's Kospi index rose 1% p.
bloomberg.com


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