the bags asian closed higher this Monday (27) after a rare week of gains in United States and amid heightened optimism about China’s progress in controlling Covid-19 outbreaks.
Japan’s Nikkei stock index rose 1.43% in Tokyo to 26,871.27 points, while the Hang Seng rose 2.35% in Hong Kong to 22,229.52 points, and South Korea’s Kospi rose 1.49%. in Seoul, at 2,401.92 points, and the Taiex appreciated by 1.60% in Taiwan, at 15,548.01 points.
At China Mainland Shanghai Composite rose 0.88% to 3,379.19 points and less comprehensive Shenzhen Composite rose 1.11% to 2,216.98 points.
In a recovery movement, the New York stock exchanges had positive performance last week, which had not happened since May, as weak indicators from the United States fueled the thesis that the Federal Reserve could be more contained in the interest rate hike.
Fears that the United States will eventually slip into recession have gained traction since the Fed announced its biggest rate hike since 1994 nearly two weeks ago.
In addition, the Chinese city of Shanghai continues relaxing restriction measures Against the Covid-19 which favors the prospects for the world’s second largest economy.
In Oceania, the Australian stock market secured its biggest daily advance since January, supported by gains in Asia and Wall Street. The S&P/ASX 200 rose 1.94% in Sydney to 6,706.00 points. With information from Dow Jones Newswires.
Source: CNN Brasil
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