Tokyo, July 8, 2022 (WAM)-Asian stocks were lifted on Friday before the assassination of former Prime Minister Shinzo struck Japanese stocks and pushed up a safe yen, Reuters reported.

The share benchmark hit a 10-day high early in the session, rising 0.5%. SCI’s widest non-Japanese Asia Pacific stock index rose 0.3% from the previous rise and South Korea’s KOSPI index rose 0.8%, setting it to the highest week of five months.

The Asian share rally followed positive closings of three major US indices overnight, encouraging comments from Federal Reserve officials.

Meanwhile, Sterling stabilized at $ 1.201 after hitting 0.8% overnight when British Prime Minister Boris Johnson said he would resign.

WAM / Hatem Mohamed / Tariq alfaham

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