Asian markets higher after encouraging data

Friday, 03. July 2020 04:34

Equities on Asian markets traded higher on Friday as China’s service sector showed the highest rise in the activity for more than ten years in June. Also, Jibun Bank Services PMI rose to 45.0, showing Japan's service sector's downturn eased as some companies went back to work after the COVID-19 shutdown.

Hong Kong's Hang Seng added 0.48% at 4:30 am CET, while, on the Chinese mainland, the Shenzhen Composite traded 0.14% lower at the same time, with the Shanghai Composite advancing 1.35% at 4:16 am CET.

Japan's Nikkei 225 increased by 0.34% at 4:30 am CET, while the dollar stood flat against the yen, going for ¥107.5270 at 4:34 am CET. On the other hand, South Korea's Kospi Composite was up 0.49% at 4:31 am CET, however, the Australian S&P/ASX 200 went up by 0.25% a minute later.

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Breaking the News / TF