Asian indices boosted by Wall Street's gains
- Asian Market
- 1 month ago
Asian indices followed the trend left by yesterday’s session in Wall Street as they traded higher.
Mainland Chinese index the Shanghai composite dropped by 0.2% while in Hong Kong, the Hang Seng rose by 0.7% as China Life Insurance and automaker Geely both gained 4.2% and 3.4% respectively.
South Korea’s Kospi advanced by 0.9% as Samsung rose by 2% and chipmaker SK Hynix increased by 2.7%.
Japan’s Nikkei 225 also enjoyed gains regardless of its exports dropping by 8.4% last month.
Rounding things up in down under, the ASX rose slipped by 0.3%, although the banking sector fell, the mining sector gained momentum as Rio Tinto and BHP rose by 2.6% and 2.5% respectively.
Source: Smart Trend Team