Asian markets surges as optimism surrounds US-Chna trade talks
- Asian Market
- 7 months ago
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