Asian stock markets closed in the green on Friday after Chinese Premier Li Keqiang pledged support for the slowing economy during his annual news conference at the end of the National People's Congress.
Meanwhile, Xinhua news agency reported that Chinese Vice Premier Liu spoke via telephone with U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer.
European shares finished higher extending amid optimism about U.S.-China trade talks and Brexit developments. UK's lawmakers voted on Thursday night to postpone the country's departure from the European Union.
Across the Atlantic, United States markets closed higher fuelled by optimism related to the trade negotiations between Washington and Beijing.
World Markets Headlines Today
Hong Kong shares climb on US-China trade talk optimism (Nikkei Asian Review)
India: Sensex reclaims 38,000; TCS, Kotak Mahindra Bank lead gains (Mint)
Australia: Stocks end flat as miners drag (The Australian)
European Shares Seen Up As MPs Approve Brexit Delay (RTT News)
European markets seen slightly higher after UK lawmakers vote to delay Brexit (CNN Money)
S&P 500, Nasdaq close at 5-month high on China trade, global growth optimism (Marketwatch)
Stocks Close Up on Signs of Progress in U.S.-China Trade Talks, Boeing Higher (The Street)
Gold rises on softer dollar and global uncertainties,
Oil prices firm as supply deficit emerges amid disruptions (Reuters)
All Continents Stock Indices Closing Prices
Japan's Nikkei grew 0.77% and Shanghai's Composite Index rose 1.04%. Shenzhen's composite gained 1.59%. Hong Kong's Hang Seng was up 0.56%. Mumbai’s Sensex increased by 0.71% while the NIFTY 50 added 0.74%. Australia’s ASX200 fell 0.07%. Singapore's STI rose 0.07% and Seoul’s KOSPI ended stronger by 0.95%. Thailand’s SET dropped 0.63% while Jakarta's Composite moved up 0.75%. Malaysia's KLCI was higher by 0.36%. Taiwan's TWII advanced 0.88%.
The Paneuropean STOXX 600 was up 0.68%. London’s FTSE grew 0.60% and Germany’s DAX added 0.85%. France’s CAC increased by 1.04%. Amsterdam’s AEX gained 1.47%
and Belgium’s BEL20 rose 0.85%. In Lisbon, the PSI20 dropped 0.60%. Moscow’s IMOEX
added 0.77% and Milan’s FTSE MIB finished the day 0.80% in the red. Spain's IBEX35 was lower by 1.44%.
The Swiss Market Index moved up 0.01%. In Scandinavia, Oslo’s OBX decreased by 0.23%. Helsinki’s OMXHPI gained 0.53%. Stockholm’s OMXS30 ended stronger by 0.31%. Copenhagen’s OMXC25 bounced higher 0.40%.
In Central Eastern Europe, Budapest stock market was closed for Revolution Day holiday
while Prague's PX advanced 0.17%. Warsaw’s WIG was up 1.17%. Bratislava’s SAX gained 0.11%. In the Baltics, OMX Tallinn dropped 1.14%, OMX Riga climbed 0.11% while OMX Vilnius dropped 0.15%.
In Southeastern Europe, Bucharest's BET ticked up 0.05% and Sofia's SOFIX increased by 0.74%. Belgrade's Belex 15 rose 0.21% while Podgorica's MNSE10 dropped 1.15%. Sarajevo's SASX grew 0.19% while Banja Luka's BIRS added 0.36%. Ljubljana's SBITOP weakened 0.93% and Zagreb's CROBEX ticked down 0.03%. Skopje's MBI10 gained 0.07%. Istanbul’s BIST100 was up 0.85%. In Athens, the General Index ended 0.31% stronger and in Nicosia advanced 0.86%.
Dar Es Salaam's DCI fell 0.93%. Ghana's CI was off 0.21% and Lusaka's ASI slumped 2.42%. Casablanca's MASI was lower by 0.20%. Nigeria's ASI was down 0.22%. Nairobi's ASI was up 1.69%. In Mauritius, the ASI ticked up 0.01%. Uganda's ASI increased by 0.70% and Zimbabwe's Industrial Index was off 0.32%.
In the U.S., the Dow Jones closed up 0.54% and the S&P 500 was up 0.50%. The Nasdaq advanced 0.76%. Canada's S&P/TSX Composite grew 0.33%. Brazil's Bovespa added 0.54% while Mexico's IPC was higher by 1.04%. Chile's IPSA advanced 0.44%.