Beijing, Asian stock markets rose Monday after Wall Street hit a new high despite lingering unease about a possible second wave of coronavirus infections.
Benchmarks in Shanghai, Tokyo, Hong Kong and South Korea advanced.
The Shanghai Composite Index rose 02.% to 3,386.86 and the Nikkei 225 in Tokyo added 0.2% to 22,971.98. The Hang Seng in Hong Kong advanced 1.5% to 25,483.06.
The Kospi in Seoul was 0.6% higher at 2,320.28 and Australia’s S&P-ASX 200 gained 0.1% to 6,120.20.
India’s Sensex opened up 0.5% at 38,641.30. New Zealand and Southeast Asian markets advanced, AP reported.
In energy markets, benchmark U.S. crude lost 6 cents to $42.28 per barrel in electronic trading on the New York Mercantile Exchange. The contract fell 48 cents on Friday to settle at $42.34. Brent crude, the international standard, shed 4 cents to $44.31 per barrel in London. It lost 55 cents to $44.35 the previous session.
The dollar gained to 105.90 yen from Friday’s 105.80 yen. The euro declined to $1.1793 from $1.1798.
Source: Saudi Press Agency