Asian equities rose in the new week excluding India.
According to veri announced today from the Asian side, exports to China fell by 0.3 percent year-on-year for the first time since May 2020, while imports fell by 0.7 percent. The country’s foreign trade surplus therefore remained below expectations at $ 85.15 billion.
While concerns about the country’s economic slowdown after veri returned to the top of the agenda, expectations that China, which played a major role in increasing risk appetite last week, could remove the ” case zero “application in the new type of coronavirus outbreak, were dismissed after authorities announced they would not give up this policy despite all the economic losses. .
Despite these developments, Asian equity markets rose on the first trading day of the week when inflation figures in the US, Germany and China are announced.
Eventually, China’s Shanghai Composite Index rose 0.2% to 3,078 points and South Korea’s Kospi Index rose 1% to 2,372 points.
In Japan, the Nikkei 225 index rose 1.2% to 27,528 points, while the dollar / yen parity is trading at 147.5, 0.6% above the previous closing level.
While Hong Kong’s Hang Seng Index was at 16,605 points zihin increase of 2.7 percent, India’s Sensex Index, which diverges negatively, fell 0.2 percent to 60,848 points.