By Associated Press and Marketwatch
TOKYO — Asian stock indexes rose moderately in quiet holiday trading on Good Friday, and as Passover begins, with many regional and international markets closed.
Japan’s benchmark Nikkei 225 /zigman2/quotes/210597971/delayed JP:NIK -0.16% edged up 0.5%. South Korea’s Kospi /zigman2/quotes/210598069/delayed KR:180721 -0.69% rose 0.1% and the Shanghai Composite /zigman2/quotes/210598127/delayed CN:SHCOMP +0.02% gained 0.6%.
Some markets remain closed for a national holiday, including in the U.S., Hong Kong, Australia and parts of Europe.
Among individual stocks, Nintendo /zigman2/quotes/208063194/delayed JP:7974 +1.16% surged in Tokyo trading after the videogame company said it was teaming with Tencent /zigman2/quotes/204605823/delayed HK:700 -0.37% to sell its Switch gaming console in China , potentially open up a lucrative new market. Nissan shares /zigman2/quotes/208298710/delayed JP:7201 -0.94% fell after a report that the auto maker would slash global output by 15% this fiscal year. SK Hynix /zigman2/quotes/206420319/delayed KR:000660 -0.59% jumped in South Korea, as Samsung /zigman2/quotes/209800866/delayed KR:005930 -2.62% rose slightly.
Overnight, major U.S. stock indexes capped the holiday shortened week with slight gains, although the marginal upward move was not enough to keep the benchmark S&P 500 index from snapping a string of three straight weekly gains.
The S&P 500 /zigman2/quotes/210599714/realtime SPX +0.14% gained 4.58 points, or 0.2%, to 2,905.03. The Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.37% rose 110 points, or 0.4%, to 26,559.54. The Nasdaq composite /zigman2/quotes/210598365/realtime COMP +0.11% inched 1.98 points higher, or less than 0.1%, to 7,998.06.
The dollar /zigman2/quotes/210561789/realtime/sampled USDJPY +0.0018% rose slightly to 111.92 Japanese yen from 111.89 yen late Thursday.