Markets in the Asia-Pacific traded modestly higher on Friday, 27 January 2023, on tracking positive cues from Wall Street overnight, thanks to upbeat U.S. economic data, including stronger than expected GDP growth and a more than expected surge in economic activity in the fourth quarter.
Australia's &P/ASX200 index was up 0.34%, to 7,493.83. Japan's 225-issue Nikkei Stock Average index edged up 0.07% to 27,382.56. Hong Kong's Hang Seng index advanced 0.54% to 22,688.90, South Korea's KOSPI index grew 0.6% to 2,484.02, and Taiwan's Taiex index rose 0.04% to 14,932.93. India's Nifty50 index slid 1.7% to 17593.70.
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