TELETRADER News
6/28, 7:33 AM (Source: TeleTrader)
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Asia mostly higher as China maintains accommodative policy

Major stock markets across the Asia-Pacific region mostly recorded gains near the end of Tuesday's session as the final day of the 48th G7 summit was set to start in Germany. On the other hand, the NATO summit in Madrid was set to be opened today by Secretary General Jens Stoltenberg.

In China, the central bank pledged to maintain the "accommodative" monetary policy to support the economic recovery while confirming a stable inflation outlook. The Shanghai Composite stood slightly higher, and the Shenzhen Composite rose by 0.50% at 7:15 am CET, while on the other hand, the Hang Seng declined by 0.67%.

Japan's Nikkei 225 grew 0.34% at 7:30 am CET, as the dollar traded slightly negative against the yen to sell for 135.3795. South Korea's Kospi Composite increased by 0.26% a minute later, and Australia's S&P/ASX 200 went up by 0.61% at 7:17 am CET.

Baha Breaking News (BBN) / ND