Asia-Pacific trades higher with pandemic in focus

Thursday, 22. July 2021 07:19

Major stock markets in the Asia-Pacific region traded higher on Thursday as the situation concerning COVID-19 appears to be stable enough to enable the opening of the 2020 Summer Olympics in Tokyo. India registered fewer infections and deaths linked to coronavirus in the past 24 hours than the day before. Meanwhile, the United States said it is closely monitoring the trade talks between China and Australia.

The Nikkei 225 was closed for the day due to a public holiday. Meanwhile, the dollar lost 0.14% to the yen, selling for ¥110.1405. South Korea's Kospi advanced by 0.99% at 7:16 am CET. A minute later, Australia's S&P/ASX expanded by 0.93%.

In mainland China, the Shanghai Composite gained 0.27% at 7:03 am CET, while the Shenzhen Composite went up by 0.06%. Meanwhile, Hong Kong's Hang Seng rose by 1.66% at 7:18 am CET.

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Breaking the News / JR