Asia higher on trade hopes

Friday, 06. September 2019 07:40

Asian markets traded in the green on the last day of the week as investors remained optimistic that China and the United States could reach a trade accord. German Chancellor Angela Merkel expressed a hope that the world's two largest economies would resolve their dispute soon, adding that it affected a significant number of countries. China's Ministry of Commerce announced on Thursday that talks between the pair are scheduled to resume in October.

The Nikkei 225 and South Korean Kospi Composite increased by 0.43% and 0.13% respectively at 7:40 am CET.

In China, the Shanghai Composite was up 0.17% at 7:25 am CET while the Shenzhen Composite was flat at 7:40 am CET. Hong Kong's Hang Seng rose 0.24% at 7:40 am CET.

Australia's S&P/ASX 200 gained 0.53% at 7:40 am CET.

Meanwhile, the dollar was flat against the yen to go for ¥106.988 at 7:40 am CET.

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