Markets closed mixed in Asia on Thursday.
Japan’s Nikkei fell 0.4%.
Australia’s S&P/ASX fell 0.5%.
Korea’s Kospi climbed 0.8%.
Hong Kong’s Hang Seng climbed 0.3%.
China’s Shanghai Composite advanced by 1.2%.
The market action followed a big GDP report in Japan where Abenomics appeared to have caused the economy to surge by 3.5% year-over-year in Q1. Economists were looking for a 2.8% growth rate.
Yesterday, the Nikkei breached the 15,000 level for the first time since January 2008.