Monday, June 21, 2021

Asian markets end mostly higher on Chinese trade data amid caution before US inflation readings due later this week

Asian markets ended mostly higher today, on Chinese trade data amid caution before US inflation readings due later this week. So Japan’s Nikkei-225 index inched up 0.3 per cent; China’s Shanghai Composite index gained 0.2 per cent; South Korea’s Kospi index rose 0.4 per cent and Singapore’s Straits Times index advanced 0.8 per cent. But Hong Kong’s Hang Seng index fell 0.5 per cent.

In economic news, China’s exports grew by 27.9 per cent in May compared with a year earlier, weighed by disruptions caused by COVID-19 cases at major ports in the country’s south. Imports grew by 51.1 per cent last month, the fastest import growth since January 2011, fuelled by surging commodity prices.

In Europe, London’s FTSE-100 had gained 0.2 per cent and Germany’s DAX had traded marginally higher but France’s CAC-40 had traded marginally lower, in intra-day trade.

Economic data showed, German industrial orders dropped unexpectedly in April on falling domestic demand as supply chain disruptions held back manufacturers. The Federal Statistics Offices of Germany said orders for industrial goods fell 0.2% in seasonally adjusted terms, the first drop this year after three successive increases.

- Advertisement -
Latest news

MoTA and NCERT join hands for NISHTHA Capacity Building Programme

The Ministry of Tribal Affairs (MoTA) and the National Council of Educational Research and Training (NCERT), recently collaborated on a joint mission for the...

How is the World celebrating International Day of Yoga?

India has been celebrating the 7th International Day of Yoga with much vigour and zeal, from awareness campaigns to launching mYoga app, cultural programs,...

देशभर में पांच दिव्यांगता खेल केंद्र खोलेगी सरकार, ‘सबका साथ सबका विकास’ हो रहा साकार

इस वैश्विक महामारी में भी सरकार ‘सबका साथ, सबका विकास’ के मंत्र को ध्यान में रखते हुए कार्य कर रही है। इसी क्रम में...

Former Congress legislator Rupjyoti Kurmi joins BJP in Assam

In Assam, former Congress legislator Rupjyoti Kurmi has joined the Bharatiya Janata Party. The four-term MLA joined the party in presence of Chief...
Related news

MoTA and NCERT join hands for NISHTHA Capacity Building Programme

The Ministry of Tribal Affairs (MoTA) and the National Council of Educational Research and Training (NCERT), recently collaborated on a joint mission for the...

How is the World celebrating International Day of Yoga?

India has been celebrating the 7th International Day of Yoga with much vigour and zeal, from awareness campaigns to launching mYoga app, cultural programs,...

देशभर में पांच दिव्यांगता खेल केंद्र खोलेगी सरकार, ‘सबका साथ सबका विकास’ हो रहा साकार

इस वैश्विक महामारी में भी सरकार ‘सबका साथ, सबका विकास’ के मंत्र को ध्यान में रखते हुए कार्य कर रही है। इसी क्रम में...

Former Congress legislator Rupjyoti Kurmi joins BJP in Assam

In Assam, former Congress legislator Rupjyoti Kurmi has joined the Bharatiya Janata Party. The four-term MLA joined the party in presence of Chief...