Sunday 18 June 2017

Asian markets trade higher as markets await political developments in Europe

Asian Market 1
Asian bourses traded in the green on Monday as markets geared up ahead of Brexit negotiations between the UK and the European Union, and as French President Emmanuel Macron’s party won a parliamentary majority at the weekend.

Japan’s benchmark Nikkei 225 index gained 0.59 percent and South Korea’s Kospi edged higher by 0.55 percent.

South Korean tech stocks trended higher. Shares of Samsung Electronics were up by 1.45 percent and SK Hynix soared by 2.81 percent.


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