5/5/2021 5:40:06 AM GMT
Asia Market Update: Asian trading continues to be impacted by holidays; JP and CN return from extended holidays on Thurs; NZD rises after jobs data.
General trend
- Energy stocks move higher after overnight rise in oil prices.
- S&P ASX 200 has gained after the flat open [Financial, Resources and Energy indices rise; ANZ declined after reporting earnings].
- Hang Seng is lower after earlier paring decline [Energy cos. move higher; TECH index drops over 2%; SJM drops after earnings, L’Occitane rises ].
- Nasdaq FUTs erased gain.
- Markets in Japan, Shanghai and South Korea to return from holiday on Thurs (May 6th).