Asian stocks rise on vaccine hopes, eyes on U.S. payrolls – ZAWYA

Asian stocks rise on vaccine hopes, eyes on U.S. payrolls – ZAWYA

Asian stocks rise on vaccine hopes, eyes on U.S. payrolls | ZAWYA MENA Edition HomeMarketsEquitiesArticleAsian stocks rise on vaccine hopes, eyes on U.S. payrolls Investor focus on U.S. employment data due later in the day    An investor walks past a screen displaying stock information at a brokerage house in Shanghai, China May 6, 2019. SYDNEY/NEW YORK: Asian stocks tracked Wall Street higher on Thursday although sentiment was cautious ahead of U.S. employment data while copper prices jumped to more than six-month highs on a better global outlook and supply fears in top producer Chile.MSCI's broadest index of Asia Pacific shares outside of Japan rose 0.9% with all major indexes trading higher on hopes of a vaccine for COVID-19, which has killed more than half a million people globally and shut down the world economy.Japan's Nikkei rose 0.4%, China's blue-chip index added 0.6% while Hong Kong's Hang Seng index climbed 1.7%.MSCI's broadest index of Asia Pacific shares outside of Japan rose 0.9% with all major indexes trading higher on hopes of a vaccine for COVID-19, which has killed more than half a million people globally and shut down the world economy.SYDNEY/NEW YORK: Asian stocks tracked Wall Street higher on Thursday