Asian shares mostly rose Monday as investors looked ahead to earnings reports from top global companies and a consumer prices report that will be a gauge for US inflation.
Japan’s benchmark Nikkei 225 jumped 0.9 per cent in afternoon trading to 39,347.04. Sydney’s S&P/ASX 200 gained 0.2 per cent to 7,789.10. South Korea’s Kospi rose 0.3 per cent to 2,722.89. Hong Kong’s Hang Seng added 0.3 per cent to 16,778.55, while the Shanghai Composite slipped 0.6 per cent to 3,050.80.
“As risk sentiments look to bounce from earlier jitters, gains may still be somewhat limited, however, as the lead-up to the key US consumer price index this week could leave some reservations in place,” said Yeap Jun Rong, market analyst at IG.
Fidelity Asian Values Plc (LON:FAS) provides shareholders with a differentiated equity exposure to Asian Markets. Asia is the world’s fastest-growing economic region and the trust looks to capitalise on this by finding good businesses, run by good people and buying them at a good price.
