Asian markets: Today, Asian stock markets are once again seeing a boom. US President Donald Trump has currently banned the tariff to be applied to consumer electronics. After which, there is a great increase in Asian markets today. On Monday, there is a tremendous jump in the shares of chip -making companies. On the first day of the week, Japan as well as the South Korea market is also seen with great beauty.
2.2% rapid rise in Nikkei 225
Donald Trump has exempted consumer electronics such as smartphones, computers and other electronics from its tariffs. Following this decision of the Trump administration, Japan’s Nikkei 225 reached 34,325.59 with a tremendous rise of 2.2% today, while the topics index rose 2% to 2515.53. Among the Nikkei companies, the Shares of Advantest Corp, Screen Holdings Company and TDK Corp saw the highest rise, the stocks of all these companies have recorded more than 4 percent increase. However, it can also be seen fluctuating.
Hong Kong’s Hang Seng also climbed 2.15%
In addition to Japan, South Korea’s KOSPI index rose 0.89%, while KosDaq climbed 1.44%. Hong Kong’s Hang SENG index was also trading with an edge on Monday. Today, 449.19 points (2.15%) rose to 21,363.88 in the Hang Seng index, which was the strongest intraday performance in more than 2 weeks. There is also a report by Politico behind an increase in Japan and other Asian stock markets. The report said that Donald Trump is involved in serious trade talks with strategic partners of China, including Japan and South Korea.
Indian stock market holiday
Let us tell you that Indian stock markets are closed today. On Monday, April 14, on the occasion of Ambedkar Jayanti, there is a holiday in Indian stock markets today and today all kinds of functions are closed. The Indian market will now open on Tuesday. Last week, the domestic market witnessed a good rise on Friday.
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