Waterfall in Asia after decline in risk appetite due to stimuli in the US
The generalized decline in Asian stock markets is one day, with investors retreating into their hunger for risky assets after a surprise job creation in the US last Friday and a $ 1.9 trillion approval under President Jose’s stimulus plan went.
Australian stock ended the season in the green, but regained most of its previous gains. Benchmark ASX 200 has risen 0.43%Up to 6,739.60 points, since traded higher in most sectors, and the financial sub-index, highly weighted, added 0.5%.
In Japan, Nikkei 225 reversed gains and closed 0.42% lower, On 28,743.25, thanks to the progress in bank values. Mitsubishi UFJ Financial Group shares gained 2.83%, Sumitomo Mitsui Financial Group shares rose 2.14% and Nomura shares gained 3.17%. On the other hand, the Topics index also shed previous gains and closed down 0.14% at 1,893.58 points.
for its part, 1% drop in South Korean Kospi, Up to 2,996.11 points. In Hong Kong, the Hang Seng index fell 1.85% in the afternoon, while the Hang Seng Tech index fell 6.69%.
Mainland China shares also fell: Shanghai Composite Index fell 2.3%, To 3,421.41, while the Shenzhen component lost 3.81%, to 13,863.81. On the other hand, shares of India and Singapore gained momentum in the afternoon trade.
In other markets, oil has risen about 2% at this time on Monday. Brent is trading at $ 70.65 and in West Texas at $ 67.27. This sharp increase comes after Saudi Arabia reported that its oil facilities suffered missile and drone strikes on Sunday.
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