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Stock impact report

Australia stocks surge 4%; oil prices drop as OPEC and its allies delay meeting [CNBC]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Company Research Source: CNBC
Stocks in Asia Pacific rose in afternoon trade as a scheduled meeting between the Organization of the Petroleum Exporting Countries and its allies, initially set to take place Monday, was delayed. Shares in Australia led gains among the region's major markets, with the S&P/ASX 200 gaining 4.3% as shares of the country's major banks such as Commonwealth Bank of Australia and Westpac gained more then 4% each. Over in Japan, the Nikkei 225 rose 2.53% as shares of index heavyweight Softbank Group soared 5.28% while the Topix index added 2.31%. South Korea's Kospi also advanced 2.77% in afternoon trade, while the Kosdaq index rose 3.25%. Hong Kong's Hang Seng index edged 1.11% higher by the afternoon. Overall, the MSCI Asia ex-Japan index was 1.34% higher. Markets in China are closed on Monday for a holiday. Developments on the global coronavirus virus pandemic continue to be watched, as concerns over the virus' economic impact have sent markets into a whirlwind in recent weeks. Globally, Show less Read more
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