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Thursday, February 22, 2024

Asian markets trading higher with 3.05% rise

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Asian markets trading higher with 3.05% rise

Asian markets began the trading season in the first week of 2021. On Monday, many nations have released the vaccines for COVID-19 for their citizens. S&P/ASX index raised 1.04%. Besides, South Korea’s KOSPI index climbed 2.04% and Taiwan’s TSEC index increased 1.01%.

During the day, Hang Seng and Shanghai Composite indices gained up to 0.80%. Besides, the Sensex gained 0.03% approximately. On the other hand, the Nikkei index traded with a loss of 0.60%. It dropped after the PM Yoshihide Suga announcement.

According to the reports, on Monday, the Japanese government was announced that it considers imposing a state of emergency for Tokyo and surrounding areas. Because Tokyo and surrounding areas affected by new coronavirus cases. 

On the other hand, Gold is sold at $1,928.70 per ounce. Besides, the US crude oil sold at $49.57 per barrel. It raised nearly 2.01% as compared to previous results. Moreover, Brent crude oil is selling at $53.02 per barrel, an increase of 2.03%.

According to the expert analysis, the major U.S indices are trending high in futures trading.

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