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World Markets Today 19/04/2019

posted onApril 19, 2019

Asian stock markets such as China, Japan and South Korea  finished the last trading session of the week higher following the positive cues overnight from Wall Street.

Trading volumes were lighter than usual as markets around the world including the Asia/Pacific region were closed for the Good Friday holiday. 

Chinese tech giant Tencent Holdings Ltd won approval from authorities in Beijing on Thursday to sell Nintendo Co. Ltd's Switch console in China with a test version of the "New Super Mario Bros. U Deluxe" game. Nintendo shares surged 16% following the news.

Ride-hailing company Uber Technologies Inc. has secured a $1 billion investment for its  autonomous vehicle unit, CNBC reported. Under the terms of the deal, Toyota Motor Corp. and Japanese auto-parts supplier Denso Corp. will invest a combined $667 million while the SoftBank Group's Vision Fund will invest $333 million

Uber is expected to go public in early May. 

World Markets Headlines Today

Japan, South Korea, China trade higher as other Asian markets remain closed for Good Friday (CNBC)
Asian Markets Mostly Higher In Holiday-thinned Trade (RTT News)
Asian stocks edge higher as US retail sales data allays worries over economic outlook (Nikkei Asian Review)

Stock Indices Closing Prices 

Japan's Nikkei was up 0.50%. Shanghai's Composite added 0.63% and Seoul’s KOSPI grew 0.11%. Thailand’s SET finished the day 0.05% in the red while  Malaysia's KLCI climbed 0.14%. Taiwan's TWII was higher by 0.06%. 

Bucharest's BET advanced 0.10% and Sofia's SOFIX ticked down 0.04%. Belgrade's Belex 15 grew 0.05% while Podgorica's MNSE10 was off 0.68%. Sarajevo's SASX was up 0.18% while Banja Luka's BIRS ticked up 0.01%.