Asian stocks closed mostly higher on Wednesday (13), after strong export data from China and positive aspects of the latest US inflation figures, but worries about the current Covid-19 outbreak weighed on Chinese markets.
Japan’s Nikkei index rose 1.93% in Tokyo, supported by the yen’s weakness against the dollar, while the Hang Seng rose 0.26% in Hong Kong to 21,374.37 points.
The South Korean Kospi gained 1.86% in Seoul, at 2,716.49 points, and the Taiex registered a gain of 1.83% in Taiwan, at 17,301.65 points.
The risk appetite came after figures published overnight showed that Chinese exports jumped 14.7% year-on-year in March, higher than expected.
Imports from the world’s second-largest economy, on the other hand, disappointed with an unexpected drop last month.
Investors in Asia also mirrored the latest US consumer inflation (CPI) data. While inflation rose more than expected month-on-month in March, the core index, which is monitored more closely by the Federal Reserve (Fed, the US central bank) to define its monetary policy, advanced less than expected. in the same range.
In mainland China, concerns about the local wave of covid-19 again weighed today. The Shanghai Composite was down 0.82% to 3,186.82 points, and the less comprehensive Shenzhen Composite was down 1.74% to 2,012.18 points.
In Oceania, the Australian stock market was in the blue, boosted by oil stocks. The S&P/ASX 200 gained 0.34% in Sydney at 7,479.00 points.
With information from Dow Jones Newswires
Source: CNN Brasil
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