Amid a gloomy session in other markets, Chinese equities continued its surge before the release of US jobs data due Friday.
The Shanghai Composite Index climbed another 0.3% a day following it reentered the bull market territory after accelerating 20% since its August low. The Shenzhen Composite gained 1.6%. Both indices have added 4.6% and 5.7%, respectively, as China’s five-day plenum last week highlighted the significance of economic growth.
Japan’s Nikkei surged 0.5%, bringing its five-day advance to 1.4%. Takata shares slumped another 13% ahead of its earnings release and as airbag crisis aggravates.
However, most equity markets outside China and Japan plummeted. Hong Kong’s Hang Seng Index slipped 0.8%, Taiwan’s Taiex lost 1.3%, and South Korea’s Kospi Composite slid 0.2%.
The material has been provided by InstaForex Company – www.instaforex.com