The stock exchange in Tokyo has shown stronger results. After Amazon boasted good news about growing sales in the third quarter, US data released overnight also confirmed a robust US economy, giving Asian stock markets a boost at the end of the week.
“The U.S. economy once again surprised positively, with U.S. GDP accelerating in the third quarter of 2023,” said Nathaniel Casey, investment strategist at wealth management firm Evelyn Partners.
The 225 values comprehensive Nikkei is 1.5 percent higher, the broader one Topix rises 1.4 percent. The stock market in Shanghai is 0.3 percent plus. The index of the most important companies in Shanghai and Shenzhen gains 0.6 percent.