Major stock exchanges in Asia increase at Monday’s closing| MENAFN.COM

Wednesday, 17 August 2022 07:57 GMT

Major stock exchanges in Asia increase at Monday’s closing


(MENAFN) Main Asian stock indexes ended Monday in positive territory as stockholders anticipated that recession worries are going to loosen the tightening monetary strategy of international central banks.

At 1007 GMT, the Asia Dow, which comprises blue-chip corporations from the area, increased by 60 points, or 1.87 percent, to end 3,274. Moreover, Nikkei 225 index, traded on the Tokyo Stock Exchange, rose by 379.3 points, or 1.43 percent, to close 26,871 points.

The benchmark for blue-chip equities traded on the Hong Kong stock exchange, the Hang Seng, had the strongest day's performance, climbing by 510.5 points, or 2.35 percent, to finish 22,229 as well as to close at 3,379 points, the Shanghai Stock Exchange in China gained 29.4 points, or 0.88 percent.

According to information made public by the National Bureau of Statistics, the earnings of large industrial companies in China increased by 1 percent year over year in the first five months of the current year. On the other hand, the benchmark Indian Sensex index soared by 452.2 points, or 0.86 percent, to close at 53,180, and the Singapore index finished at 3,137 points, up 25.9 points, or 0.83 percent.

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