TELETRADER News
6/21, 6:21 AM (Source: TeleTrader)
more TeleTrader news

Asia trades higher amid inflation concerns

Most major stock market indexes in Asia subsided after last week's turmoil and traded higher on Tuesday with investors' concerns about short-lived inflation, despite some central banks hinting at further rate hikes.

On the Chinese mainland, the Shanghai Composite went up by 0.18% at 4:30 am CET, with the Shenzhen Composite rising by a mere 0.09% at 6:15 am CET. Hong Kong's Hang Seng added 1.43% at 6:05 am CET, with South Korea's Kospi up by 0.81% at 6:20 am CET.

At 6:20 am CET, the Australian S&P 200 increased by 1.51%, as the dollar went 0.05% down against the yen, going for ¥135.0340. Japan's Nikkei 225 surged by 2.15% at 6:21 am CET.

Baha Breaking News (BBN) / NL