Asian mkts mostly rise

6 September, 2019 12:00 AM printer

HONG KONG: Most Asian equities and currencies rallied Thursday, building on the previous day’s advance as investors were cheered by a number of positive developments on trade, Hong Kong and Europe.

Markets were already on an upward trajectory after the leader of Hong Kong on Wednesday withdrew a controversial extradition bill that had sparked months of sometimes violent protests in the financial hub.

But the good news kept coming as the day wore on, with news that Italy had formed a new moderate, pro-European government, while British MPs moved closer to passing a law preventing a no-deal Brexit, reports AFP.


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