Thursday, September 23, 2021

Asian stocks log gains following a sharp selloff earlier this week

Asian stocks today logged gains following a sharp selloff earlier this week. Positive cues from global markets supported Asian indices while worries about resurgence of COVID-19 cases in some parts of the world limited the gains.

Japan’s Nikkei-225 was the top gainer as it ended with a jump of 2.4 per cent and Singapore’s Straits Times climbed one per cent.  Hong Kong’s Hang Seng rose half a per cent and South Korea’s KOSPI added 0.2 per cent. On the Other side, China’s Shanghai Composite index slipped 0.2 per cent.

European shares were also up in intra-day trade. London’s FTSC-100 appreciated marginally 0.1 per cent, Germany’s DAX was trading half a percent up and France’s CAC surged 0.7 per cent.

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