Asian Stock Markets Jump in Early Trade
Stocks in Asia jumped in Friday morning trade following news that said the US and China may have agreed to a phase one trade deal in principle. The benchmark Nikkei 225 index surged 500 points or 2.14 percent to 23,925, at around 09:35 AM Japan time, after standing at a high of 23,965 earlier. Also, South Korea's KOSPI gained 27 points or 1.27 percent to 2,164, at around 09:37 AM Korea time, after reaching a high of 2,168 before. In addition, Hong Kong's Hang Seng index soared 435 points or 1.61 percent to 27,429, at around 10:09 AM Hong Kong time, after hitting a high of 27,536 earlier. Shanghai composite was 32.2 points higher or 1.11 percent to 2,948, at around 10:08 AM China standard time.
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