Asian market surges after Wall street stops falling
March 12, 2019 | Investopaper
Stocks of Asian markets rallied this Tuesday after a strong Wall Street Jump was observed breaking five days of continuous losses.
Stock index of most of the countries in Asia increased after investors showed their optimism to the Wall street jump that balanced the five-day continuous loss. Japan’s Nikkei increased by 1.9 percent. Similarly, Hongkong’s Hang Seng index also rose by 1.4 percent. In China, the Shanghai composite also gained 1.5 percent while Shenzen composite rose 1.7 percent.
Likewise, countries like Australia, South Korea, Taiwan, and Singapore also observed an increase in the stock index.
If we look at individual stocks, then Hitachi stocks investors gained 7.18 percent in Tokyo. Also, Telecom China Mobile stocks jumped by 4.07 percent while Samsung rose by 0.56 percent in Korea.
