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Asian stocks modestly higher in quiet holiday trading

/ 04:21 PM April 19, 2019
Asian stocks modestly higher in quiet holiday trading

A Chinese investor monitors stock prices at a brokerage house in Beijing, Friday, April 19, 2019. Asian stock indexes rose moderately in quiet holiday trading on Good Friday as some markets were closed. (AP Photo/Mark Schiefelbein)

TOKYO – Asian stock indexes were mostly moderately higher in quiet holiday trading on Good Friday as some markets were closed.

Japan’s benchmark Nikkei 225 edged up 0.5% to 22,189.01. South Korea’s Kospi rose 0.3% to 2,219.78.

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The Shanghai Composite was little changed at 3,248.87.

Some markets remain closed for the holiday, including in the U.S., Hong Kong, Australia and parts of Europe.

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Overnight, major U.S. stock indexes capped the holiday shortened week with slight gains, although the marginal upward move was not enough to keep the benchmark S&P 500 index from snapping a string of three straight weekly gains.

The S&P 500 gained 4.58 points, or 0.2%, to 2,905.03.

The Dow Jones Industrial Average rose 110 points, or 0.4%, to 26,559.54. The Nasdaq composite inched 1.98 points higher, or less than 0.1%, to 7,998.06.

The Russell 2000 index of small-cap dropped 1.85 points, or 0.1%, to 1,565.75.

ENERGY: Benchmark U.S. crude oil added 7 cents to $64.07 a barrel. It rose 0.4% to settle at $64 per barrel Thursday. Brent crude, the international standard, added 0.5% to $71.97 per barrel.

CURRENCIES: The dollar rose slightly to 111.92 Japanese yen from 111.89 yen late Thursday. The euro weakened to $1.1242 from $1.1258./gsg

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