Stock Market

Asian Shares up following the uptrend on Wall Street

Asian-Indexes

Asian markets are up in the session, following gains that was made in the Wall Street markets, which was a recorded to be its second session day of gains after plunging in the previous week.

In Japan, the Nikkei 225 benchmark index was up by 0.86 percent after the markets ws temporarily closed for a holiday. Most automakers were trading higher early in the session even though Toyota failed to hang tight and slipped by 0.63 percent early in the session. Financials are also found in positive positions early in the session.

Across the Korean Strait, Korea’s Kospi stacked gains trading up by 0.63 percent. Tech giants like Samsung electronics and SK Hynix all surged and have gained 2.97 percent and 3.09 percent respectively. Automakers however are found confused with Hyundai Motor trading flat while Kia Motors slipped in the Session by 0.15 percent.

In the greater China, markets are kept afloat early in the session. Hong Kong’s Hang Seng Index was up by 1.48 percent in the early trade as markets managed to retake gains after falling into negative territory last week.

Financials traded in positive territory as HSBS gained 0.5 percent and China Construction Bank advanced by 2.2 percent.

In Australia, the S&P/ASX 200 edged up by 0.42 percent as gains in the earning season paved the road for its earnings which indicates a strong business activity in the country. The index was found trading with a 19 point increase for the month.

Please follow and like us:

Leave a Reply

Your email address will not be published. Required fields are marked *