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Asian markets up ahead of US jobs data | Asian markets up ahead of US jobs data |
(about 1 hour later) | |
Markets in Asia rose on Friday as investors waited for the latest US jobs data. | Markets in Asia rose on Friday as investors waited for the latest US jobs data. |
The non-farm payrolls figures, due out later, will be studied closely to see if the Federal Reserve is likely to raise US interest rates soon. | The non-farm payrolls figures, due out later, will be studied closely to see if the Federal Reserve is likely to raise US interest rates soon. |
Japan's Nikkei 225 index closed up 0.5% at 16,642.23. | |
But shares in Suzuki fell 1.3% after Japan's transport ministry raided its headquarters as part of a probe into the carmaker's fuel efficiency tests. | But shares in Suzuki fell 1.3% after Japan's transport ministry raided its headquarters as part of a probe into the carmaker's fuel efficiency tests. |
China's Shanghai Composite ended the day up 13.45 points, or 0.5%, at 2,938.68. In Hong Kong, the benchmark Hang Seng rose 88.02 points, or 0.4%, to 20,947.24. | |
South Korea's Kospi index closed out the trading week flat at 1,985.84 points. | South Korea's Kospi index closed out the trading week flat at 1,985.84 points. |
Australia's S&P ASX/200 index finished up 0.8% - or 40 points - at 5,318.89, helped by an increase in commodity-related stocks. Mining giants Rio Tinto and BHP Billiton were both up by 1.4%. | Australia's S&P ASX/200 index finished up 0.8% - or 40 points - at 5,318.89, helped by an increase in commodity-related stocks. Mining giants Rio Tinto and BHP Billiton were both up by 1.4%. |
Oil prices rose to a seven-month high, after a weekly US petroleum report showed a decline in the country's stockpile. | Oil prices rose to a seven-month high, after a weekly US petroleum report showed a decline in the country's stockpile. |
Energy prices rebounded even though a meeting of the Opec oil producers' group on Thursday failed to set a cap on the amount of oil the group produces. Opec members generate about 40% of the world's crude oil exports. | Energy prices rebounded even though a meeting of the Opec oil producers' group on Thursday failed to set a cap on the amount of oil the group produces. Opec members generate about 40% of the world's crude oil exports. |