Asian markets rise as trade talks are "10%" away from agreement
- Asian Market
- 7 months ago
According to the U.S. Chamber of Commerce executive, Myron Brilliant, “Ninety percent of the deal is done, but the last 10% is the hardest part,” referring to the current trade negotiations with Beijing which have boosted Asian indices for today’s session.
The mainland Chinese Shanghai Composite gained 0.1% while the Shenzhen Composite traded lower by 0.8%, the Hang Seng in Hong Kong climbed by 0.8%.
The Tokyo based Nikkei 225 increased by 0.7% while the South Korean Kospi advanced by 0.4% along with Taipei’s TAIEX and Singapore’s STI, both gaining 0.1%.
Down under the ASX 200 also enjoyed gains by closing the session higher by 0.6%.
Source: Smart Trend Team