- Title: Asia stocks rebound amid latest steps by U.S. Fed to combat coronavirus hit
- Date: 24th March 2020
- Summary: TOKYO, JAPAN (MARCH 24, 2020) (REUTERS) ELECTRONIC BOARD AT TOKYO STOCK EXCHANGE SHOWING VARIOUS INDEX AND STOCK PRICES AT OPENING VARIOUS OF NIKKEI 225 INDEX MOVEMENTS VARIOUS OF SCREEN SHOWING STOCK PRICES VARIOUS OF ELECTRONIC TICKER SHOWING STOCK PRICES DESKS AT TOKYO STOCK EXCHANGE VARIOUS OF STAFF WORKING EXTERIOR OF TOKYO STOCK EXCHANGE SIGN READING (English): "JPX TOKYO STOCK EXCHANGE" HONG KONG, CHINA (MARCH 24, 2020) (REUTERS) HONG KONG EXCHANGE SQUARE HONG KONG, CHINA, HONG KONG STOCK EXCHANGE FLAGS DISPLAYS SHOWING HANG SENG INDEX AND STOCK INFORMATION DISPLAY SHOWING HANG SENG INDEX PEOPLE WALKING STOCK TICKER VARIOUS OF DISPLAY SHOWING STOCK CHANGES VARIOUS OF PEOPLE CROSSING ROAD IN CENTRAL BUSINESS DISTRICT OF HONG KONG SEOUL, SOUTH KOREA (MARCH 24, 2020) (REUTERS) VARIOUS OF TRAFFIC ON SEOUL STREET / PEOPLE CROSSING ROAD INTERIOR OF DEALING ROOM AT KEB HANA BANK ELECTRONIC BOARD SHOWING KOREA COMPOSITE STOCK PRICE INDEX (KOSPI) VARIOUS OF DEALERS WORKING ELECTRONIC BOARDS SHOWING KOSPI, USD/KRW EXCHANGE RATE AND KOREA SECURITIES DEALERS AUTOMATED QUOTATION (KOSDAQ) INDEX STOCK TICKER SHOWING KOSPI VARIOUS OF DEALERS WORKING SHANGHAI, CHINA (MARCH 24 ,2020) (REUTERS) ELECTRONIC TICKER BOARD IN FRONT OT PEARL TOWER ELECTRONIC BOARD SHOWING SHANGHAI COMPOSITE INDEX AND SHENZHEN COMPONENT INDEX ELECTRONIC TICKER BOARD STOCK INFORMATION ON ELECTRONIC TICKER BOARD ELECTRONIC TICKER BOARD ELECTRONIC BOARD SHOWING SHANGHAI COMPOSITE INDEX AND SHENZHEN COMPONENT INDEX ELECTRONIC TICKER BOARD SHOWING STOCK INFORMATION STOCK INFORMATION ON ELECTRONIC TICKER BOARD
- Embargoed: 7th April 2020 04:29
- Keywords: Asia COVID-19 Japan KOSPI Nikkei 225 index South Korea Tokyo Stock Exchange coronavirus stock market
- Location: SEOUL, SOUTH KOREA/ TOKYO, JAPAN/ HONG KONG AND SHANGHAI, CHINA
- City: SEOUL, SOUTH KOREA/ TOKYO, JAPAN/ HONG KONG AND SHANGHAI, CHINA
- Country: Various
- Topics: Economic Events,Equities Markets
- Reuters ID: LVA001C6ET07B
- Aspect Ratio: 16:9
- Story Text: Asian stocks rebounded sharply on Tuesday (March 24) as the U.S. Federal Reserve's promise of bottomless dollar funding eased painful strains in financial markets, even if it could not soften the immediate economic hit of the coronavirus.
Japan's benchmark Nikkei 225 opened up 1.89% at 17,206.88 points.
The Hang Seng Index in Hong Kong opened up 801 points to 22,497.
In South Korea, stocks opened higher with the Korea Composite Stock Price Index up 32.98 points, or 2.22%, to 1,515.44 points as of 0009 GMT.
The Shanghai Composite Index started up at 2,703.02. At the midday break, it was up 1.48%, trimming earlier gains of more than 2.3%.
China's blue-chip CSI300 index was up 1.85% after earlier rising as much as 2.75%.
(Production: Daewoung Kim, Yasuteru Ueda, Pak Yiu, Minwoo Park, Hideto Sakai, Xihao Jiang) - Copyright Holder: REUTERS
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