Stocks in Asia on the rise, Nikkei 225 advances 121 points.

Lola Evans
20 Sep 2022, 16:56 GMT+10

Stocks in Asia were solidly higher on Tuesday, mirroring gains on Wall Street overnight.
The Australian All Ordinaries surged 81.50 points or 1.17 percent to 7,030.10.
In Japan, the Nikkei 225 jumped 120.77 points, or 0.44 percent to 27,688.42.

SYDNEY, NSW, Australia - Stocks in Asia were solidly higher on Tuesday, mirroring gains on Wall Street overnight.

The Australian All Ordinaries surged 81.50 points or 1.17 percent to 7,030.10.

In Japan, the Nikkei 225 jumped 120.77 points, or 0.44 percent to 27,688.42.

New Zealand's S&P/NZX 50 climbed 38.44 points or 0.33 percent to 11,570.43.

The South Korean Kospi Composite advanced 13.62 points or 0.58 percent to 2,369.28.

In Hong Kong, the Hang Seng gained 215.45 points or 1.16 percent to 18,781.42.

The Shanghai Composite in mainland China rose 6.80 points or 0.22 percent to close Tuesday at 3,122.41.

The U.S. dollar was little changed. euro consolidated its slight overnight increase to trade at 1.0031 around the Sydney close Tuesday. The British pound firmed slightly to 1.1441. The Japanese yen was steady at 143.35. The Swiss franc was soft at 0.9644.

The Canadian dollar was range-bound at q.3255. The Australian dollar was comatose at 0.6720. The New Zealand dollar was a fraction weaker at 0.5938.

Overnight on Wall Street, the Nasdaq Composite did best, percentage-wise, rising 86.72 points or 0.76 percent to 11,535.02.

The Standard and Poor's 500 added 26.56 points or 0.69 percent to 3,899.89.

The Dow Jones industrials increased 197.26 points or 0.64 percent to 31,019.68.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Tucson Post.

More Information

78 ℉

Fair in Tucson

Business

Section

Global aluminum output at record high in August with demand from China

LONDON, UK: In August, global production of primary aluminum hit an all-time high, with production running at an annualized rate ...

U.S. stocks rise as dollar loses steam

NEW YORK, New York - Easing pressure on U.S. Treasury yields boost stocks on American markets Thursday. Gains however were ...

Ford puts Michigan EV battery plant work on hold due to union issues

DEARBORN, Michigan: Due to concerns about its ability to operate competitively while it is locked in broader union contract negotiations, ...

Air Canada to acquire 18 787 Dreamliners from Boeing

OTTAWA, Canada: As part of its plan to capitalize on strong travel demand and deploy fuel-efficient airplanes, this week, Air ...

Adidas launches newest running shoes costing $500

LONDON, UK: This week, Adidas' newest running shoes, the Adizero Adios Pro Evo 1, went on sale for US$500. Worn ...

U.S. stocks struggle, techs however eke out minor gain

NEW YORK, New York - U.S. stocks remained on a slippery slope on Wednesday as interest rates continued to hover ...

Arizona

Section