Friday, 16 September 2016

Asia higher; ASX up 0.9%, Nikkei up 0.3%

Asia markets opened higher on the final trading day of the week, ahead of next week's key central bank meetings in the US and Japan. In Australia, the ASX 200 advanced 0.85 percent, with most sectors trading higher. 

 

The energy sector was up 0.95 percent, while the heavily-weighted financials sub-index added 0.91 percent. Japan's Nikkei 225 gained 0.25 percent, while the Topix index was up 0.34 percent with major banking stocks gaining more than 1 percent each. Shares of Mitsubishi UFJ was up 1.67 percent, SMFG added 1.79 percent and Mizuho Financial was higher by 1.47 percent. Markets in China, Taiwan and South Korea are closed on Friday for public holidays.

 

 

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