Asian Shares Rise

الاثنين 1441/12/20 هـ الموافق 2020/08/10 م واس
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Beijing, August 10, 2020, SPA -- Shares advanced Monday in Asia after President Donald Trump issued executive orders to provide tax relief and stopgap unemployment benefits for Americans hit by the fallout from the coronavirus pandemic.
Benchmarks were higher in Sydney, Shanghai and Seoul, while markets were closed in Tokyo for a holiday.
South Korea's Kospi jumped 1.6% to 2,388.12 and the S&P/ASX 200 in Australia surged 1.7% to 6,105.20. The Shanghai Composite index advanced 1% to 3,385.80, AP reported.
In other trading Monday, U.S. benchmark crude oil gained 61 cents to $41.83 per barrel. On Friday, it gave up 73 cents to $41.22 per barrel.
Brent crude, the international standard for pricing, added 47 cents to $44.87 per barrel.
The U.S. dollar slipped to 105.76 Japanese yen from 105.92 yen. The euro strengthened to $1.1793 from $1.1789.
11:27 LOCAL TIME 08:27 GMT