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5/10, 4:49 AM (Source: TeleTrader)
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Asia trades higher after US jobs data

Major stock market indexes in the Asia-Pacific region traded higher at the beginning of the week, as the United States published its April's jobs report, showing underwhelming improvement in US employment. Meanwhile, China applauded the decision of the World Health Organization to approve its Sinopharm COVID-19 vaccine. Traders are also looking at the continued fallout of the Global Pipelines cyberattack in the US.

The Nikkei 225 traded 0.84% higher at 4:43 am CET, and Hang Seng rose by 0.14% at the same time. The Kospi Composite was 1.38% higher at 4:44 am CET, while Australia's S&P/ASX 200 added 1.04% concurrently.

In mainland China, the Shanghai Composite improved 0.06% at 4:29 am CET, while the Shenzhen Composite increased by 0.33%, at 4:45 am CET.

The dollar was up 0.25% against the Japanese yen trading for ¥108.8560 at 4:46 am CET.

Breaking the News / OL