PT Equityworld-The MSCI Asia Index to its highest level since 10 November, up 0.9 per cent led by Hong Kong and Australia. S & P / ASX 200 Index of Australia rose 1.2 percent, while the second index, the Hang Seng Index Hong Kong and Taiwan Taiex rose 1.3 percent. Kospi Index climbed 0.8 percent in Seoul.
In the US stock market, the S & P 500 rose 0.3 percent. The S & P 500, Dow Jones Industrial Average, Nasdaq Composite Index and the Russell 2000 index rose unexpectedly to a morning peak early this morning.
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Asian stock markets rose after four major US stock benchmarks rose to a record high for the first time since 1999. US stocks boosted optimism that the president-elect Donald Trump’s plan to cut taxes and increase fiscal spending will benefit the industry is more geared toward economic growth.
Japan lowered the biggest tsunami warning issued in the country for five years after the earthquake of magnitude 7.4 earthquake off the coast of Fukushima.
Chesapeake Energy Corp and Murphy Oil Corp profit in the energy sector. Tyson Foods Inc. fell after posting profit that missed estimates and appointed Tom Hayes replaces Donnie Smith as chief executive officer.