Asian markets mostly rise in upbeat end to week

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Asian markets mostly rise in upbeat end to week

SYDNEY, NSW, Australia stocks in Asia made solid gains on Friday in a positive end to the week.

In Japan, the Nikkei 225 advanced 320.72 points or 1.23 percent to 26,491. 97.

The Australian All Ordinaries gained 71.00 points or 1.06 percent to 6,762. 40.

In New Zealand, the S&P NZX 50 added 135.25 points or 1.27 percent to 10,813. 92.

South Korea's Kospi Composite was up by 57.28 points or 2.26 percent to 2,366, according to South Korea's Kospi Composite. 60.

The Hang Seng was trading ahead of 320 points at the time of writing.

The Russian rouble continued to trade at 7 year highs around 53.50 on foreign exchange markets. The rouble is the best performing in 2022 due to high prices for Russian oil and gas, and other exports.

The euro dropped to 1.0525 at the Sydney close Friday. The British pound was steady at 1.2273. The Japanese yen was little changed at 134.60, as was the Swiss franc at 0.9611.

The Canadian dollar was trading in a tight range around 1.2980. The Australian dollar was up to 0.6904 at the beginning of the day. There were some tiny demands for the New Zealand dollar, which pushed it to 0.6295.

Overnight on Wall Street, the Nasdaq Composite surged 179.11 points or 1.62 percent to 11,237. 19.

The Dow Jones industrials went up 194.23 points or 0.64 percent to 30,677. 31.