Asian stock markets are notably higher on Thursday on a broadly positive lead from Wall Street overnight as well as easing bond yields and surging crude oil prices. Investors are refocusing on a vaccine and stimulus-driven global economic recovery with optimism about the reopening of the economy. The Australian stock market is higher on Thursday, recouping some of the recent losses. The benchmark S&P/ASX 200 rose above the 6,800 level as the boarder market was boosted by a rally in the materials and energy sectors. Value-oriented stocks are once again dominating as investors are refocusing on a vaccine and … (full story)
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