Asian Stocks Rise

Monday 1443/11/7 - 2022/06/06
  • Share on Google+

Beijing, June 06, 2022, SPA -- Major Asian stock markets advanced Monday after Wall Street declined and a survey showed the downturn in Chinese service activity eased in May as anti-virus controls on Shanghai and other major cities were lifted, the Associated Press reported.
Benchmarks in Shanghai, Tokyo and Hong Kong rose.
The Shanghai Composite Index rose 0.6% to 3,215.45.
The Hang Seng in Hong Kong gained 1.1% to 21,312.36 and the Nikkei 225 in Tokyo added 0.3% to 27,844.26. Korean markets were closed for a holiday.
Sydney's S&P-ASX 200 shed 0.4% to 7,210.90 while New Zealand markets were closed for a holiday. Singapore and Jakarta declined.
Benchmark U.S. crude rose 86 cents to $119.73 per barrel in electronic trading on the New York Mercantile Exchange. The contract gained $2 on Friday to $118.87. Brent crude, the price basis for international oil trading, advanced 86 cents to $120.58 per barrel in London. It closed $2.11 higher the previous session at $119.72.
The dollar declined to 130.65 yen from Friday's 130.85 yen. The euro edged up to $1.0724 from $1.0720.
--SPA
10:37 LOCAL TIME 07:37 GMT
0008