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Asian markets rally despite China's weak GDP figures

  • Regular
  • Asian Market
  • 3 months ago
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Asian markets have rallied despite China’s growth in the last quarter of 2018 being the slowest since 1990.

Mainland Chinese indices enjoyed gains going into the afternoon break as the Shanghai Composite advanced by 0.7% while the Shenzhen composite rose by 0.6%.

Hong Kong’s Hang Seng increased by 0.3% as shares of Sunny Optical gained 5.16%, while over in South Korea the Kospi traded mostly flat.

Japan’s Nikkei 225 followed suit as it jumped by 0.3% as Nissan shares gained 0.39% following ex-chairman Carlos Ghosn filing once more for bail.

In down under, the Aussie index ASX 200 kept up with the pace as it added 0.3%.

 

Source: Smart Trend Team