Asian Stocks Close Mostly Higher
CANBERA (dpa-AFX) - Asian stocks ended mostly higher on Thursday, rebounding a bit from recent losses, benefiting from positive lead from overseas performance by the U.S. market and on some bargain hunting.
The mood, however, was quite cautious in most of the markets in the region amid doubts about an early economic rebound due to the continuing surge in coronavirus in Asia and possibility of lockdowns in places.
Japan reported nationwide daily infections of topped 5000 for the first time in three months. The country s government is mulling fresh coronavirus state of emergency in Tokyo as well as Osaka, Kyoto and Hyogo prefectures on Friday.