Asia stocks end higher on Hillary Clinton optimism

Record ID: 79825

  • Title: Asia stocks end higher on Hillary Clinton optimism
  • Date: 7th November 2016
  • Summary: TOKYO, JAPAN (NOVEMBER 7, 2016) (REUTERS) EXTERIOR OF TOKYO STOCK EXCHANGE (TSE) BUILDING SIGN READING (English): "JPX TOKYO STOCK EXCHANGE" ELECTRONIC STOCK BOARD TSE STAFF WORKING TSE MARKET CENTER AND REVOLVING STOCK PRICE TICKER REVOLVING STOCK PRICE TICKER ELECTRONIC STOCK BOARD ELECTRONIC STOCK BOARD SHOWING NIKKEI AVERAGE AT 17177.21 UP 51.18 POINTS JPX GRAPHIC MOERE OF REVOLVING STOCK PRICE TICKER SEOUL, SOUTH KOREA (NOVEMBER 7, 2016) (REUTERS) TRAFFIC ON SEOUL STREETS PEOPLE WALKING ACROSS STREET INTERIOR OF DEALING ROOM AT KEB HANA BANK ELECTRONIC BOARD SHOWING KOREA COMPOSITE STOCK PRICE INDEX (KOSPI) DEALERS LOOKING AT MONITOR ELECTRONIC BOARDS SHOWING KOSPI AND USD/KRW EXCHANGE RATE DEALERS TALKING DEALERS WORKING/ ELECTRONIC BOARDS SHOWING KOSPI, USD/KRW EXCHANGE RATE AND KOREA SECURITIES DEALERS AUTOMATED QUOTATION (KOSDAQ) DEALER WORKING MORE OF DEALING ROOM
  • Embargoed: 22nd November 2016 08:01
  • Keywords:
  • Location: TOKYO, JAPAN/ SEOUL, SOUTH KOREA/
  • Reuters ID: LVA00157G2JPH
  • Aspect Ratio: 16:9
  • Story Text: Asia stocks ended higher on Monday (November 11) after the FBI said it stood by its earlier recommendation that no criminal charges were warranted against Democrat Hillary Clinton.
    Japan's benchmark Nikkei stock average opened at 17177.21, up 51.18 points.
    South Korean's Korea Composite Stock Price Index (KOSPI) closed up 0.8 percent at 1,997.58 points.
    Investors had been unnerved by signs of a tightening presidential race between Clinton and Donald Trump, whose stance on foreign policy, trade and immigration has rippled through financial markets.
    Clinton is seen as a candidate of the status quo and her policies are viewed as more predictable than her Republican rival, a political novice.
    However, despite giving a boost to Clinton's prospects, investors are unlikely to make big bets given Trump's gains in polls recently may not be entirely due to the FBI probe.
    Initial results of the Tuesday (November 8) vote are expected to begin rolling out by Wednesday (November 9) morning Asia time.
  • Copyright Holder: REUTERS
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