Stock & Shares

Asian stocks stronger on upbeat earnings, China factory data

Asian stocks

Asian stock markets were higher on Wednesday following Dow industrial’s record-high finish, as upbeat corporate earnings reports and China factory data boosted investor confidence. Apple’s surprise earnings report pushed up share prices of its Asian suppliers.

Japan’s Nikkei 225 rose 0.6 per cent to 20,108.10 and South Korea’s Kospi gained 0.3 per cent to 2,430.30. Hong Kong’s Hang Seng index advanced 0.5 per cent to 27,667.39 while Shanghai Composite index added 0.1 per cent to 3,294.41. Australia’s ASX/S&P 200 bucked the region’s trend, falling 0.3 per cent to 5,752.60 as commodity prices dropped. Stocks in Southeast Asia were mostly higher.

Risk Warning:

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.


The author Paul