Asian stocks closed mostly higher during Thursday's trading session on no notable news and heading into a long weekend in the US.
India's Mumbai Sensex index was a notable outperformer as some of the country's largest companies reported positive earnings which boosted investor confidence, according to Bloomberg. The index gained 1.88 percent.
Australia's ASX index gained 0.28 percent, China's Shanghai Composite index gained 0.26 percent, Hong Kong's Hang Seng index gained 0.14 percent and Japan's Nikkei index gained 0.09 percent.
Taiwan's TSEC index lost 0.02 percent.
Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.
European stocks were also mostly higher with more than 4 hours of trading remaining.
The broad Euro Stoxx 50 index was trading higher by 0.18 percent while Germany's DAX index gained 0.48 percent, France's CAC index gained 0.43 percent and the UK's FTSE index gained 0.25 percent.
Finally, oil prices were also trading higher Thursday morning as the price of Brent crude traded above the $50 per barrel mark for the first time in roughly 7 months.
Oil prices have now gained more than 80 percent since bottoming in early January.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in