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Author Topic: Asian stock market opens positive Responding to Strong US Service Sector Data  (Read 712 times)

Trukr

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Asian stock market opens positive Responding to Strong US Service Sector Data

Asian stock markets opened positive today. In the direction of the Dow Jones Stock Exchange Index which closed up last night Driven by the US service sector index that rebounded strongly in June.

NIKKEI 225 Japanese stock market opened today at 22,649.90 points, down 64.54 points, -0.28%. SSE Composite Index Chinese stock market opened today at 3,380.95, up 48.07 points, + 1.44%. HSI Hong Kong stock market opened today at 26,571.08 points, up 231.92 points, + 0.88% TAIEX, Taiwan stock market opened today at 12,176.79, increased 60.09 points, + 0.50% KOSPI index, South Korean stock market opened today at 2,202.04 points, up 14.11 points, + 0.64% FTSE STI, Singapore stock market opened today. At 2,705.10 points, up 15.49 points, + 0.58%. The FBMKLCI Malaysia stock market opened today at 1,582.03 points, up 5.13 points, + 0.33%. PSE Composite Index Philippines stock market opened today at 6,349.12 points, up 20.71 points, + 0.33%.

The US Institute of Supply Management (ISM) states that the US service sector index rose to 57.1 in June from 45.4 in May, supported by the return of many states. Open the economy again. After having to lock down to control the outbreak of Covid-19

In addition, regional stock markets were also boosted by the Shanghai Composite Index. Chinese stock market surged 5.71% yesterday as investors are hoping for a speedy recovery in the economy after the China Securities Journal, the media of Chinese authorities have published editorials and articles encouraging investors to buy shares to support the domestic market.



 

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