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Asian indices kick the week off on a high

  • Regular
  • Asian Market
  • 3 months ago
  • 46

Asian markets kicked the week off on a high as positive sentiment surrounds trade talks between U.S. and China.

Mainland China’s Shanghai Composite climbed 1.6% while Hong Kong’s Hang Seng increased by 1.7% on the back of oil producers CNOOC and PetroChina rallied by 3% and 4.6%.

South Korea’s Kospi also rose by 0.7% as Samsung increased by 0.3% and Japan’s Nikkei 225 climbed by 1.8% as Fast Retailing, Bridgestone and Japan Steel all rose by 3.9%, 4.9% and 4.3% respectively.

In down under the Aussie ASX 200 also jumped by 0.4% as the oil sector enjoyed gains.

 

 

 

Source: Smart Trend Team