Asian markets higher after data

Monday, 09. September 2019 07:40

Major stock markets in the Asia-Pacific region traded higher on Monday following several important economic data releases. Nissan's CEO Hiroto Saikawa is reportedly expected to resign following a salary-related controversy. Meanwhile, Apple Inc. and Foxconn Technology Group were found to have broken labor laws in China by employing too many temporary workers.

In Mainland China, the Shanghai Composite was 0.69% above the flatline at 7:38 am CET, while the Shenzhen Composite jumped 1.41% a minute later. Hong Kong's Hang Seng was 0.15% higher at 7:39 am CET.

Japanese Nikkei 225 rose 0.54% at 7:37 am CET. The dollar was flat against the yen, to go for ¥106.8740 at 7:38 am CET.

South Korean Kospi Composite gained 0.54% at 7:19 am CET. Australia's S&P/ASX 200 increased 0.08% 7:39 am CET.

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Breaking the News / MD