Asia-Pacific Markets Overview

On Monday, the Asia-Pacific stock markets mostly experienced gains, buoyed by positive manufacturing activity indicators across the region. Despite the ongoing trade tensions between the United States and China, which saw reports of China preparing countermeasures against US tariffs, the markets showed resilience.

Market Movements

In mainland China, the Shanghai Composite saw a slight decrease of 0.21% by 7:20 am CET, while the Shenzhen Composite edged up by 0.28%. Hong Kong's Hang Seng index remained flat at the same time. South Korea's Kospi Composite was closed for a holiday. Meanwhile, Australia's S&P/ASX 200 climbed by 0.90%, and Japan's Nikkei 225 jumped 1.60% by 07:22 am CET.

Currency Exchange

At 7:22 am CET, the US dollar was trading 0.14% lower against the yen, with an exchange rate of 150.29600 yen per dollar.