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Asian indices boosted by Wall Street's gains

  • Regular
  • Asian Market
  • 1 month ago
  • 21

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