Stock market: Asia rebounds and closes positively, China badly

(ANSA) – MILAN, APRIL 26 – Asian stock markets rebounded and closed in positive ground while fears remain over the increase in infections from Covid-19. The Chinese stock markets went against the trend despite the position of the Chinese central bank which ensured support for the economy. Investors’ attention remains on the war in Ukraine while the results of the quarterly season are awaited.

Closing up for Tokyo (+ 0.41%). On the foreign exchange market, the yen lost ground at 127.40 against the dollar, and against the euro at a level of 136.70. With positive negotiations still in progress Hong Kong (+ 0.73%), Seoul (+ 0.47%) and Mumbai (+ 1.22%), while Shanghai (-1%) and Shenzhen (-1) are down , 4%).

On the macroeconomic front, consumer confidence, the house price index and orders for durable goods are arriving from the United States. (HANDLE).

Source: Ansa

Share this article:

Leave a Reply

most popular