Asian stocks follow Wall St higher as US inflation cools



Asian stocks followed Wall Street’s lead as inflation eased in the United States<br />













































Beijing, April 14 (BNA): Asian stock markets followed Wall Street higher on Friday after US inflation eased in March and China reported unexpectedly strong exports. Acquired Shanghai, Tokyo and Hong Kong. Oil prices rose.


The Shanghai Composite advanced 0.2% to 3,323.20 after customs data Thursday showed China’s exports for March rose 14.8% from a year earlier, rebounding from declines in January and February.


Tokyo’s Nikkei 225 Index rose 1% to 28,433.11. Hong Kong’s Hang Seng Index added less than 0.1% to 20,361.16, according to the Associated Press.


The Kospi Index in Seoul, South Korea, advanced 0.5% to 2573.78, and the S&P-ASX 200 in Sydney rose 0.3% at 7348.20.


In energy markets, the price of US crude rose 26 cents to $82.42 a barrel in electronic trading on the New York Mercantile Exchange.


The contract fell $1.10 on Thursday to $82.16. Brent crude, the price basis for international oil trade, rose 19 cents to $86.28 a barrel in London. It lost $1.24 in the previous session to $86.09.


The dollar fell to 132.43 yen from 132.77 yen on Thursday. The euro rose to $1.1070 from $1.1046.

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