Most of the indicators Asian stocks all went up in the trading session on January 23 amid the fact that most of the market was closed for a holiday Lunar New Year.
In Tokyo, the Nikkei 225 rose 1.3% to 26,906.04 points, despite comments by Finance Minister Shunichi Suzuki that Japan was facing the “worst financial situation ever” following when spending heavily to deal with pandemics and other troubles.
“Finance is the foundation of a nation’s confidence,” Suzuki told lawmakers in Congress. We must secure financial space during normal times to protect confidence in Japan and people’s livelihoods in times of emergency.”
Japan’s public debtwhich is more than double the Gross Domestic Product (GDP), has increased further as the government has failed to achieve its decade-long balanced budget goals.
In Sydney, Australia’s S&P/ASX 200 index rose 0.1% to 7,457.30 points.
[Chứng khoán Mỹ phục hồi trong phiên cuối tuần sau đợt bán tháo]
In India, the Sensex index rose 0.4% to 60,860.37 points. The SET index of Bangkok (Thailand) lost 0.3%.
Late last week, a rally in technology stocks to “assuage” concerns regarding a weakening US economy helped Wall Street’s stock indexes move higher. However, following adjusting for many factors, investors were somewhat wary of the ongoing weakness in economic data.
Minh Trang (VNA/Vietnam+)