Nikkei 225, CSI 300, Hang Seng Index
An HDR evening shot of the Tokyo skyline at sunset.
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Asia-Pacific markets rose on Friday after the White House said US President Donald Trump and Chinese President Xi Jinping will hold talks next week.
U.S. Press Secretary Karoline Leavitt said Trump will travel to Malaysia late Friday, followed by Japan and South Korea. We will meet with Xi next Thursday After speaking at the Asia-Pacific Economic Cooperation CEO Summit, Reuters reported.
Japan’s reference point Nikkei 225 While the index increased by 0.78%, Topix increased by 0.39%. Japan’s core inflation rate rose to 2.9% in September, its first increase since May, in line with expectations of economists polled by Reuters.
This was higher than the 2.7% seen in August. Japan’s core measure of inflation excludes fresh food prices but includes energy costs.
Headline inflation in Japan also increased from 2.7% to 2.9% compared to the previous month.
South Korea’s Kospi index increased by 1.35%, while the small-cap Kosdaq increased by 0.92%.
Australia’s ASX/S&P 200 index traded up 0.19% at the open.
Hong Kong futures Hang Seng Index It was traded at 26,139 compared to the index’s previous close of 25,967.98, indicating a stronger opening.
Throughout the night, the three main averages closed with increases. The S&P 500 closed up 0.58% at 6,738.44, boosted by technology stocks following a string of strong earnings results.
The Dow Jones Industrial Average rose 144.20 points, or 0.31%, to finish at 46,734.61. The Nasdaq Composite fared better, gaining 0.89% to settle at 22,941.80, boosted by gains in Nvidia, Broadcom and Amazon. A nearly 3% rise in shares of artificial intelligence player Oracle also boosted sentiment.
— CNBC’s Sean Conlon, Pia Singh and Lim Hui Jie contributed to this report.
