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Stock impact report

Japan surges 3%; China reports first-quarter GDP drop on coronavirus impact [CNBC]

Gilead Sciences, Inc. (GILD) 
Last gilead sciences, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.gilead.com
Company Research Source: CNBC
Stocks in Asia rose on Friday as investors shrugged off data that showed China's economy shrinking by 6.8% in the first quarter . In Japan, the Nikkei 225 led gains among the region's major markets as it jumped 3.15% to close at 19,897.26 as shares of index heavyweights Fast Retailing and Softbank Group surged more than 6% each. The Topix index also ended its trading day 1.43% higher at 1,442.54. South Korea's Kospi also saw robust gains as it surged 3.09% to finish its trading day at 1,914.53. Hong Kong's Hang Seng index rose 1.67%, as of its final hour of trading. Mainland Chinese stocks edged higher by the close, with the Shanghai composite up 0.66% to about 2,838.49 while the Shenzhen composite added 0.338% to approximately 1,750.28. Meanwhile, shares in Australia advanced, with the S&P/ASX 200 gaining 1.31% to close at 5,487.50. Overall, the MSCI Asia ex-Japan index rose 2.11%. China's first-quarter GDP shrank 6.8% in 2020 as compared to a year ago, according to data from the Nat Show less Read more
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