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Asian Markets: Equities, Economic Growth, Earnings

Singapore — Asia Pacific stocks traded high early Monday as global concerns continue to plague the market.

In the Japanese market Nikkei 225 Topix increased by 0.85%, while it increased by 0.94%.

Australian S & P / ASX 200 It advanced by 0.32%.

The Kospi South Korea rose 0.44% and KOSDAQ rose 0.34%.

Chinese electric car maker Xpeng It is set to report first quarter earnings on Monday.

State stocks Have been abused As the market becomes afraid of recession.

Stock Selection and Investment Trends from CNBC Pro:

In the United States, the S & P 500 temporarily fell into the bear market territory during Friday’s session, but recovered slightly and closed almost flat. The Dow Jones Industrial Average After reversing the loss of more than 600 points, it increased by 8.77 points to 31,261.90.

The Nasdaq Composite Index Already deep in the territory of the bear market, it fell 0.3% on Friday, 30% off its highs. All three indexes have recorded at least seven weeks of losing streak.

currency

The US dollar indexThe greenback tracking against the peer’s basket was 102.919, which was lower than the level above 103 seen last week.

The JPY It traded at 127.82 per dollar, stronger than the 129 level earlier last week. The Australian dollar It was enhanced and ended up at $ 0.7075.

Asian Markets: Equities, Economic Growth, Earnings

Source link Asian Markets: Equities, Economic Growth, Earnings

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