Asian markets extend rally on recovery bets ...Qatar

News by : (Gulf Times) -
Asian markets rallied again yesterday, extending a global advance after another record on Wall Street as traders were cheered by the prospect of a huge new US stimulus as well as further falls in coronavirus infection and death rates. Tokyo was the standout performer, with the Nikkei 225 breaking through 30,000 points for the first time in 31 years as data showed Japan’s economy performed better than expected at the end of last year. Equities across the planet have been surging for months as vaccination programmes kick into gear and fewer people come down with the virus, fuelling hopes that economically painful containment measures can begin to be lifted. The optimism has pushed oil prices

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