Shares in Asia-Pacific were mixed in Friday trade, with the BSE Sensex in India touching a record high.
In Friday Asia trade, the Sensex rose to 52,641.53 — above its previous record high of 52,516.76 sets in February, according to data from Refinitiv Eikon.
The index later pared some of those gains and last stood 0.33% higher, as of 1:05 p.m. local time. The Nifty 50 in India also gained 0.3%.
Mainland Chinese stocks closed lower as the Shanghai composite fell 0.58% to 3,589.75 while the Shenzhen component slipped 0.62% to 14,801.24. Hong Kong’s Hang Seng index advanced 0.33%, as of its final hour of trading.
Shares in Australia finished the trading day higher as the S&P/ASX 200 climbed 0.13% to 7,312.30.
MSCI’s broadest index of Asia-Pacific shares outside Japan advanced 0.36%
Overnight stateside, the S&P 500 rose nearly 0.5% to a record closing high of 4,239.18. The Dow Jones Industrial Average climbed 19.1 points to 34,466.24 while the Nasdaq Composite gained 0.78% to 14,020.33.
Asian Markets Currencies and oil
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 89.993 after swinging around the 90 levels for much of this week.
The Japanese yen traded at 109.43 per dollar, stronger than levels above 109.6 seen against the greenback yesterday. The Australian dollar changed hands at $0.7765, as compared with levels around $0.776 seen earlier in the trading week.
Oil prices slipped on Friday but were set for their third weekly rise on expectations for a recovery in fuel demand. Brent crude oil futures fell 23 cents, or 0.3%, to $72.29 a barrel at 0145 GMT, while U.S. West Texas Intermediate (WTI) crude oil futures slipped 22 cents, or 0.3%, to $70.07 a barrel.
![Descriptive image of U.S-China Trade war on Asian Stocks[Photo:File]](https://sp-ao.shortpixel.ai/client/to_auto,q_glossy,ret_img,w_350,h_197/https://tradingroom.co.ke/wp-content/uploads/2020/05/Trd.jpg)
