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The Independent UK
The Independent UK
National
Via AP news wire

Asia shares rise after US rebound amid sanctions on Ukraine

Copyright 2022 The Associated Press. All rights reserved.

Asian shares mostly rose Friday after U.S. stocks recovered toward the end of a wild trading day, as governments slapped sanctions on Russia for its invasion of Ukraine.

Japan's benchmark Nikkei 225 surged 1.9% in afternoon trading to 26,450.84. Australia's S&P/ASX 200 lost some of its earlier gains to close 0.1% higher at 6,997.80. South Korea's Kospi jumped 1.2% to 2,679.56. Hong Kong's Hang Seng edged down 0.4% to 22,821.87, while the Shanghai Composite rose 0.7% to 3,452.84.

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