Market

Asian Markets Show Positive Trends Following December PMI Reports

Asian Stock Indexes Mostly Gain

On Monday, most Asian stock indexes experienced gains after the release of new economic reports. The private sectors in Australia, Japan, and China continued to expand in December, with China's business activity showing a faster improvement compared to the other two economies.

Market Movements

By 3:18 am CET, the Hang Seng had increased by 0.15%, the Kospi Composite jumped 1.52%, and the S&P/ASX 200 rose by 0.12%. Shortly after, the Shanghai Composite added 0.16% and the Shenzhen Composite gained 0.56%. However, the Nikkei 225 was an exception, recording a 1.12% loss at 3:20 am CET.

Currency Exchange

At 3:21 am CET, the dollar traded 0.18% higher against the yen, selling for 157.635.