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Stock impact report

Asian Shares Gain With Focus on Iran War, Payrolls: Markets Wrap [Yahoo! Finance]

Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG) 
US:NYSE Investor Relations: mizuho-fg.com/investors/index.html
Company Research Source: Yahoo! Finance
Attention is also turning to the release of key US payroll data on Friday. Regional shares followed a recovery in US equities Thursday on news that Iran is drafting a protocol with Oman to monitor traffic through the key waterway, having effectively shut it down since the start of the war. Trading was light in Asia with many key markets shut for holidays. Major European markets are also closed. “The improvement in US risk appetite has spilled over” into Asian equities, said Hitoshi Asaoka, chief strategist at Asset Management One Co. in Tokyo. “While oil prices may not fully return to previous levels, if they do partially normalize, there is considerable room for a rebound from a liquidity perspective.” MSCI's benchmark Asia Pacific Index gained 0.7%, with South Korea's Kospi rising 2.7%, and Japan's Nikkei 225 Stock Average climbing 1.3%. China's CSI 300 Index reversed an earlier advance to drop 0.9%. Treasury futures were little changed in Asia with the cash market shut unti Show less Read more
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