BEIJING (AP): Asian stock markets gained Wednesday (April 29) after France and Spain joined governments that plan to ease anti-virus controls and allow businesses to reopen.
Benchmarks in Shanghai, Hong Kong, Sydney and Southeast Asia advanced. Japanese markets were closed for a holiday.
The Shanghai Composite Index rose 0.2% to 2,814.75 and Hong Kong's Hang Seng Index added 0.1% to 24,598.00. The Kospi in Seoul advanced 0.8% to 1,948.68. South Korea's government reported March industrial production increased by 4.6% compared with the previous month. Elsewhere, Singapore on Tuesday extended its lockdown by four weeks after reporting its highest one-day toll of new cases a day earlier. India also reported a one-day record for new infections on Monday.
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