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Asian Stock Markets Volatile on Friday.

Singapore, Friday, 4 February 2022 -

The major Asian indices finished neutral on Friday, with Chinese and Hong Kong markets closed for the Lunar New Year.

The hawkish statements on monetary policy from the European Central Bank and the Bank of England on Thursday had an impact on the indices' shifting course.

Against the hawkish position, Bank of Japan Governor Haruhiko Kuroda committed to maintain ultra-loose monetary policy.

According to official figures released on Friday, Japan's agriculture and seafood exports in 2021 achieved a new high for the ninth year in a row, reaching $8.7 billion for the first time.

The Asia Dow, which covers the region's blue-chip businesses, rose 37.22 points, or 1.01 percent, to about 3,732 points.

The Nikkei 225 stock exchange in Tokyo was trading at 27,439 points, up 198.68 points, or 0.73 percent.

The Singapore stock exchange index rose 15.42 points, or 0.47 percent, to 3,331 points.

Only the Indian Sensex index, which closed at 58,635 points, lost 152.71 points, or 0.26 percent.

(Written and edited by: The Decision Maker – Asia team)


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