TOKYO (AP) — Asian shares were trading higher Monday amid optimism over the rally that ended the week on Wall Street, although eyes were on the Federal Reserve policy meeting set for later this week. Sydney’s S&P/ASX 200 added 0.6% in early trading to 7,621.40. South Korea’s Kospi surged nearly 1.0% to 2,681.73. Hong Kong’s Hang Seng jumped 1.2% to 17,859.39, while the Shanghai Composite rose 0.6% to 17,859.39. Trading was closed in Tokyo for a Japanese national holiday, Showa Day. Japan has a series of holidays coming up known as the Golden Week, through Monday. Stephen Innes, managing partner at SPI Asset Management, said the market mood was positive after last week’s Wall Street tech-driven rally. The recent string of strong earnings have boosted market sentiments, but what could be a risk factor is the declining Japanese yen, he added. |
Ant McPartlin's baby name meaning revealed and Wilder Patrick includes a heartAustin to host MLS AllWelcome to Wrexham is officially renewed for a fourth seasonSir Michael Caine, 91, claims London born artistWhite Sox acquire outfielder Corey Julks from Astros, recall outfielder Dominic FletcherCommunity colleges offer clean energy training as climateUS border arrests fall in April, bucking usual spring increase as Mexico steps up enforcementEd Sheeran surprises delighted Brighton primary school pupils and performs miniThe Fortune Hotel viewers spot contestant who has already been on another reality TV showQueen Camilla pledges not to buy any more fur in latest Palace move away from animal products