TELETRADER News
12/7/2021, 4:56 AM (Source: TeleTrader)
more TeleTrader news

Asia mostly higher as China's trade surplus falls

Asian stock markets traded mostly higher on Tuesday after Chinese authorities reported a drop in trade surplus to $71.7 billion in November. The Reserve Bank of Australia said it will hold key interest rates in its latest monetary policy decision. Meanwhile, Samsung Electronics announced major changes in top leadership, including the replacement of its three CEOs.

The Nikkei 225 jumped 1.44% at 4:32 am CET, while the S&P/ASX 200 added 0.54% at 4:52 am CET. Hang Seng was up by 1.51% at the same time, and the Kospi Composite was flat at 4:33 am CET.

In mainland China, the Shanghai Composite gained 0.12% at 4:30 am CET, as the Shenzhen Composite dropped 0.48% at 4:45 am CET.

The dollar traded 0.07% higher compared to the yen, going for 113.5575 at 4:55 am CET.

Baha Breaking the News (BBN) / DJ