Asian shares rise on vaccine bets but analysts urge caution


TOKYO/BOSTON, Nov 12 (Reuters): Asian shares rose toward a more than two-year peak on Thursday, buoyed by sustained global stimulus efforts and hopes of a Covid-19 (coronavirus) vaccine, but some analysts warned of the risk of a correction lower.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.44%, approaching the highest since January 2018. Chinese shares rose 0.37%. Stocks in Japan rose 0.62% to a 29-year high.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Asian Shares , Rising , Covid-19 Hopes

   

Next In Aseanplus News

Lao president pays state visit to Cambodia
Teen threatened boy with parang, forced him to strip and drink urine
Number of Chinese ships in West Philippine Sea increases as war games begin: Manila
FBM KLCI ends at near 2-year high
Court's election dispute verdict proves govt's innocence: Jokowi
Copter collision: Avoid speculation, respect sensitivity of victim's families, says DPM Fadillah
Highest-level rainstorm warning issued in south China's Guangdong
Batik Air will begin flying to Guilin, China from KLIA starting June 4
One of the victims of helicopter collision in Lumut is husband of actress Eyra Hazali's cousin
Kazakhstan, Thailand ink deal waiving tourist visas for good

Others Also Read