Asian stocks rise; Tokyo Stock Exchange halts trading due to technical issue

Japan’s Tokyo Stock Exchange (TSE) halted trading on Thursday due to a technical issue, while many major markets in the region were closed for holidays.

Japan Exchange Group said on Thursday afternoon that the Tokyo Stock Exchange halted trading for the day following a hardware glitch.

“TSE is currently planning to replace the hardware and taking steps, including other maintenance, to ensure normal trading from tomorrow onwards,” the Japan Exchange Group said.

The Japanese government had instructed the exchange to identify the cause of the technical issue, Reuters reported Thursday.

Meanwhile, the S&P/ASX 200 in Australia gained 0.98 percent to close at 5,872.90. Elsewhere, Singapore’s Straits Times index rose 1.26 percent, as of about 3:46 p.m. local time. The Nifty 50 in India also advanced more than 1%.

Overall, the MSCI Asia ex-Japan index was 0.48 percent higher.

Markets in China, Hong Kong, South Korea and Taiwan were closed on Thursday for holidays.