Asian stocks closed the week mixed again

15 / 05 / 2020
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Shares in Asia-Pacific closed again on the last day of the week. Japan’s Nikkei 225 index added 0.62% to 20,037.47 points on Friday. After three days of losses, investors reacted positively to the statement of Prime Minister Shinzo Abe that he plans to lift the state of emergency in 80% of the prefectures in the country.

Australian stocks also strengthened, with the S & P/ASX 200 index adding 1.43%. Investors were optimistic on Thursday that Donald Trump said that he would discuss further incentives, as well as the Chinese finance minister’s statement that China would also need a more active fiscal policy.

However, shares in China ended mixed, with the Shanghai Composite index losing slightly (-0.07%) and Shenzhen Composite adding 0.16%.

Shares also fell in Hong Kong, where the Hang Seng index depreciated a slight 0.14% to 23,797.47 points, while Korean shares measured by the Kospi index strengthened by 0.12% to 1,927.28%, informed CNBC.

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