Shares in China lead Asian stocks higher



China-focused stocks were the best performers among a field of strong contenders in Asia on Monday, as investors embraced the positive momentum of Friday's record on Wall Street.

In China, the CSI 300 index of the main listed equities in Shanghai and Shenzhen increased by 1.9 percent, with increases in all market segments and despite data on softer earnings growth at Chinese industrial groups in July.

The Hang Seng index rose by 2.1 percent, with profits of more than 1 percent in all segments and financials with 2.2 percent. The Hang Seng China Enterprises index of the main Chinese companies in Hong Kong rose by 2.7 percent.

The Kospi Composite index in Seoul rose by 0.4 percent, while the industrial segment declined 1.4 percent, while stocks were seen as positions in a potential unlocking of the North Korean economy affected by the cancellation of Donald Trump. on Friday of a planned trip to the country by the Secretary of State. Hanil Hyundai Cement, Busan Industrial and Dongyang Steel Pipe fell by 11.6 percent, 8.9 percent and 8.7 percent, respectively.

Tokyo's Topix rose 1.2 percent with profit across the board. In Sydney, the S & P / ASX 200 added 0.3 percent.

The bullish sentiment of the Friday session on Wall Street – which saw the S & P 500 close at a record high after a lesser speech by Jay Powell of the Federal Reserve – continued on Monday when the S & P 500 futures gained no less than 0, 3 percent rose to a record high of 2,884.5, according to Reuters data.


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Shares in China lead Asian stocks higher



China-focused stocks were the best performers among a field of strong contenders in Asia on Monday, as investors embraced the positive momentum of Friday's record on Wall Street.

In China, the CSI 300 index of the main listed equities in Shanghai and Shenzhen increased by 1.9 percent, with increases in all market segments and despite data on softer earnings growth at Chinese industrial groups in July.

The Hang Seng index rose by 2.1 percent, with profits of more than 1 percent in all segments and financials with 2.2 percent. The Hang Seng China Enterprises index of the main Chinese companies in Hong Kong rose by 2.7 percent.

The Kospi Composite index in Seoul rose by 0.4 percent, while the industrial segment declined 1.4 percent, while stocks were seen as positions in a potential unlocking of the North Korean economy affected by the cancellation of Donald Trump. on Friday of a planned trip to the country by the Secretary of State. Hanil Hyundai Cement, Busan Industrial and Dongyang Steel Pipe fell by 11.6 percent, 8.9 percent and 8.7 percent, respectively.

Tokyo's Topix rose 1.2 percent with profit across the board. In Sydney, the S & P / ASX 200 added 0.3 percent.

The bullish sentiment of the Friday session on Wall Street – which saw the S & P 500 close at a record high after a lesser speech by Jay Powell of the Federal Reserve – continued on Monday when the S & P 500 futures gained no less than 0, 3 percent rose to a record high of 2,884.5, according to Reuters data.


Source link

Shares in China lead Asian stocks higher



China-focused stocks were the best performers among a field of strong contenders in Asia on Monday, as investors embraced the positive momentum of Friday's record on Wall Street.

In China, the CSI 300 index of the main listed equities in Shanghai and Shenzhen increased by 1.9 percent, with increases in all market segments and despite data on softer earnings growth at Chinese industrial groups in July.

The Hang Seng index rose by 2.1 percent, with profits of more than 1 percent in all segments and financials with 2.2 percent. The Hang Seng China Enterprises index of the main Chinese companies in Hong Kong rose by 2.7 percent.

The Kospi Composite index in Seoul rose by 0.4 percent, while the industrial segment declined 1.4 percent, while stocks were seen as positions in a potential unlocking of the North Korean economy affected by the cancellation of Donald Trump. on Friday of a planned trip to the country by the Secretary of State. Hanil Hyundai Cement, Busan Industrial and Dongyang Steel Pipe fell by 11.6 percent, 8.9 percent and 8.7 percent, respectively.

Tokyo's Topix rose 1.2 percent with profit across the board. In Sydney, the S & P / ASX 200 added 0.3 percent.

The bullish sentiment of the Friday session on Wall Street – which saw the S & P 500 close at a record high after a lesser speech by Jay Powell of the Federal Reserve – continued on Monday when the S & P 500 futures gained no less than 0, 3 percent rose to a record high of 2,884.5, according to Reuters data.


Source link

Shares in China lead Asian stocks higher



China-focused stocks were the best performers among a field of strong contenders in Asia on Monday, as investors embraced the positive momentum of Friday's record on Wall Street.

In China, the CSI 300 index of the main listed equities in Shanghai and Shenzhen increased by 1.9 percent, with increases in all market segments and despite data on softer earnings growth at Chinese industrial groups in July.

The Hang Seng index rose by 2.1 percent, with profits of more than 1 percent in all segments and financials with 2.2 percent. The Hang Seng China Enterprises index of the main Chinese companies in Hong Kong rose by 2.7 percent.

The Kospi Composite index in Seoul rose by 0.4 percent, while the industrial segment declined 1.4 percent, while stocks were seen as positions in a potential unlocking of the North Korean economy affected by the cancellation of Donald Trump. on Friday of a planned trip to the country by the Secretary of State. Hanil Hyundai Cement, Busan Industrial and Dongyang Steel Pipe fell by 11.6 percent, 8.9 percent and 8.7 percent, respectively.

Tokyo's Topix rose 1.2 percent with profit across the board. In Sydney, the S & P / ASX 200 added 0.3 percent.

The bullish sentiment of the Friday session on Wall Street – which saw the S & P 500 close at a record high after a lesser speech by Jay Powell of the Federal Reserve – continued on Monday when the S & P 500 futures gained no less than 0, 3 percent rose to a record high of 2,884.5, according to Reuters data.


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