Asian indices rally but ASX fails to keep up
- Asian Market
- 8 months ago
Asian stocks have been mostly higher today, a trade summit between Trump and Xi Jinping is anticipated which could spell positive outcome after month of deadlock.
Mainland Chinese indices enjoyed gains as the Shanghai composite rose by 0.1% and the smaller cap Shenzhen composite adding 0.6% while the Shenzhen component increased by 0.7%.
Over in Hong Kong the Hang Seng index advanced by 0.3% as Tencent shares rose by 0.5%.
In Japan, the Nikkei 225 rose slightly with shares of Fanuc rising by 2% while the Topix shed 0.2%.
South Korea’s Kospi climbed by 0.2% as Samsung Electronics rallied back to rise by 0.3%.
The ASX200 in Down Under however, failed to follow suit as it retreated by 0.1%.
Source: Smart Trend Team