Thursday, October 21, 2021

Most of Asian stocks climb following overnight gains in US stocks

Most of Asian stocks today climbed following overnight gains in the US stocks. However, investors awaited earning reports from companies for further cues.

Hong Kong’s Hang Seng surged 1.4 per cent, China’s Shanghai Composite index gained 0.6 per cent and South Korea’s KOSPI climbed 0.4 per cent.

On the other side, Japan’s Nikkei-225 fell 0.4 per cent and Singapore’s Straits Times slipped 0.3 per cent.

European shares were up in intra-day trade. London’s FTSC-100 added 0.4 per cent and France’s CAC jumped half a per cent up while Germany’s DAX was trading almost flat.

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