Asian stocks gained on Thursday, tracking Wall Street, which ended overnight on a positive note, bolstered by the surge in quarterly earnings that shifted focus away from macroeconomic headwinds. The spillover of the earnings-led enthusiasm to the Asian bourses came despite concerns on the impact of the lockdowns in China and the interest rate hardening worldwide.
China's Shanghai Composite Index climbed 17.20 points or 0.6 percent to finish at 2,975.48. The day's trading ranged between 2,936.79 and 2,991.51. The Shenzhen Component Index, however, dropped 0.2 percent to close at 10,628.92.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.