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Market Update

Nikkei Surges; China GDP Tops Forecast

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The Nikkei outperformed regional Asian bourses Wednesday even as China released data showing better-than-expected economic growth in the first quarter.

The Nikkei advanced 3%. The Shanghai Composite edged up 0.2% while the Hang Seng edged marginally up 0.1%. The Sensex bucked the trend, ending 0.9% lower while the All Ordinaries added 0.6%.

Rouhan Sharma does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.