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Asian markets surges as optimism surrounds US-Chna trade talks

  • Regular
  • Asian Market
  • 7 months ago
  • 119

Asian indices rallied as the general consensus of a positive result of the ongoing trade spat between Washington and Beijing.

Mainland China’s Shanghai composite climbed to its highest since last June, at 2.6% while the Shenzhen composite powered by 3.5%.

Japan’s Nikkei 225 advanced by 1.2% as SoftBank, e-commerce giant Rakuten and robotics maker Fanuc all saw gains.

In Hong Kong the Hang Seng index also gained 1.1% as AAC Technologies and Ping An Insurance rose by 4.1% and 1.2% respectively.

South Korea’s Kospi was marginally higher by 0.3% and the Aussie ASX 200 increased by 0.5%.

 

 

Source: Smart Trend Team