Asian shares jump on strong China rally

26.04.2021 - Korneychuk Evgeniya
Asian shares jump on strong China rally

Asian share markets recorded an upbeat performance on Monday. The jump followed after China shares tallied a three-week high record, with positive economic signs fuelling investors’ sentiment.

MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.3% to reach its strongest level since March 18. The index continued its upswing after performing strongly for two consecutive weeks.

Chinese shares advanced 0.4%, recording their highest increase since April. South Korean shares also increased with a 0.4% gain, while shares in New Zealand jumped 0.6%. Japan’s Nikkei, on the other hand, salvaged initial gains to trade 0.1% higher.

Robust indicators of manufacturing activity supported investors’ enthusiasm, completely dismissing earlier concerns about larger U.S. taxes on capital gains under the Biden administration.

Risk disclaimer "PROMETHEUS LTD – Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH96960 is a financial services institution outside the European Union Area, which is subject to the supervision of the IFMRRC Certificate 0395 AA V0155 Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. 70% of trading deals can be unprofitable. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. This Website may contain information in particular regarding financial services and products that could be regarded b a E.U. supervisory authority as an offer of financial services targeted in Europe. ESMA intervention measures do not apply to customers of PROMETHEUS LTD and it is your responsibility to choose a company which is most suitable for your trading needs. By clicking continue you confirm that you have read, understood and agree to the risk disclosures, terms of service, cash policies, privacy policies and this notice and that you are visiting this website on your own initiative, without any encouragement whatsoever from or PROMETHEUS LTD." Cookies notification: We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we assume that you are happy with it. Read more. Continue

Help with deposit?