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Asian markets keep the positive momentum as US-Japan trad talks begin

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  • Asian Market
  • 6 months ago
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Asian indices had a positive exchange as Washington begins a fresh round of talks with Tokyo, meanwhile the Bank of Japan Governor Haruhiko Kuroda pointed that increasing trade protectionism around the globe is the biggest threat to global economics.

Mainland Chinese markets were higher as the Shanghai composite rose by 2.3% while the Shenzhen composite too increased by over 2% as did the smaller cap Shenzhen component by closing higher by 2.3%.

The Hang Seng in Hong Kong rallied during the last hours by rising over 0.8%.

In Seoul the Kospi kept the momentum rising by 0.2% as shares of Asiana Airlines continued where they left yesterday’s exchange as they climbed a further 16%.

In Tokyo the Nikkei 225 advanced by 0.2% as Fast Retailing and SoftBank both enjoyed gains of 2.3% and 1.2% respectively.

Ending the day’s session in Australia, the ASX 200 gained 0.4% with most sectors advancing.

 

 

Source: Smart Trend Team