Asian stocks closed mostly higher on Tuesday (18), in the wake of a rally on Wall Street.
Japan’s Nikkei stock index rose 1.42% in Tokyo today to 27,156.14 points, while the Hang Seng rose 1.82% in Hong Kong to 16,914.58 points, South Korea’s Kospi secured a rise of 1.36. % in Seoul, at 2,249.95 points, and Taiex recorded a gain of 1.22% in Taiwan, at 13,124.68 points.
In mainland China, the Shanghai Composite ended the session with a slight decrease of 0.13%, at 3,080.96 points, countering the positive bias of Asia, but the less comprehensive Shenzhen Composite had a modest increase of 0.36%, in 2005. .08 points.
Risk appetite gained strength in the Asian region after New York stocks jumped more than 3% on Monday, in a rally fueled by positive earnings from major US banks.
Also on the radar is the 20th National Congress of the Chinese Communist Party, which kicked off over the weekend and is expected to confirm an unprecedented third consecutive five-year term for President Xi Jinping.
In the midst of the meeting, China decided to postpone the publication of a series of relevant economic indicators, including third-quarter Gross Domestic Product (GDP) figures.
In Oceania, the Australian stock exchange performed strongly, with gains led by technology stocks. The S&P/ASX 200 gained 1.72% in Sydney at 6,779.20 points.
Source: CNN Brasil
Joe Jameson, a technology journalist with over 2 years of experience, writes for top online news websites. Specializing in the field of technology, Joe provides insights into the latest advancements in the industry. Currently, he contributes to covering the world stock market.
