Asia markets mostly higher--


FE Team | Published: February 23, 2024 22:28:27


Asia markets mostly higher--

Asia-Pacific markets were mostly higher Friday, with China stocks rising for the ninth straight session as investors digested property prices data, reports CNBC.
The CSI 300 index ended 0.09 per cent higher at 3,489.74, extending its winning streak for nine days in a row. Hong Kong's Hang Seng index was 0.13 per cent lower in volatile trading.
Data showed sales prices of newly built commercial housing in first-tier cities fell 0.3 per cent month-over-month in January, with declines narrowing by 0.1 percentage points from the previous month.
At the end of last year, the country's troubled property market clocked its worst declines in new home prices in nearly nine years.
South Korea's Kospi ended 0.13 per cent higher at 2,667.70, while the smaller-cap Kosdaq closed 0.18 per cent lower at 868.57.
In Australia, the S&P/ASX 200 closed 0.43 per cent higher at 7,643.60.
Japan stocks were closed for trading on Friday for the Emperor's Birthday holiday. Japan markets led gains in the previous session, with the Nikkei 225 closing at a new all-time high of 39,098.68, surpassing the previous record of 38,915.87 set in 1989.

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