Stocks in the Asian region were seen starting the week trading higher on Monday as investors in Japan digest the nation’s upbeat industrial output report.
Japan
The Japanese Nikkei 225 index added 0.88%, ending the session at 15,296.82, while Tokyo’s Topix index advanced 0.79% to 1,265.54 points.
The Japanese telecommunication and internet corporation added 2.3% to 7,649 yen, while Dainippon Sumitomo Pharma rose 5.50% in shares. Mitsui Mining & Smelting saw the most losses during the session with shares sliding 1.95%.
Japan’s Industrial production grew 0.7% in May on a monthly basis, compared to the 2.8% decline seen in the previous month, a report from the Japanese Ministry of Economy, Trade and Industry showed on Monday.
On a yearly basis, the nation’s industrial output rose 1%, after the 3.8% rise posted in the previous month.
However, capacity utilization fell 0.7% in May, month-on-month, after the 2.2% fall posted in April, according to the ministry.
China
Hong Kong’s Hang Seng index edged 0.51% higher, trading at 23,350.85 points at the time of writing, while China’s benchmark Shanghai Composite added 0.09% to 2,048.84 points.
China Mobile rose 2.4% to HK$78.40, while China Telecom added 3.3% to HK$4.03 in Hong Kong, China Unicom saw the most gains during with session, with shares climbing 3.9% to HK$12.76. Meanwhile the casino operator Galaxy Entertainment lost 1.76%.
The South Korean Kospi index added 0.41%, closing at 1,993.88 points.
Australia’s benchmark S&P/ASX 200 index rose 0.46%, to close at 5,512.30 points, while New Zealand’s NZX 50 index edged 0.53% to 5,127.87 points.
New Zealand’s home sales volumes fell 6.1% in June from the previous year and dropped 12.3% when compared to the previous month, a report from the Real Estate Institute of New Zealand showed on Monday.
In Australia, NRW Holdings climbed 4.08%, while Northern Star Resources gained 4.01% and shares in the oil and gas company Buru energy fell 9%.
European Stocks
Stocks in Europe were seen trading higher on Monday as traders focus on the release of the eurozone’s industrial production report and a speech from the European Central Bank (ECB) President Mario Draghi later in the day.
The European Euro Stoxx 50 rose 0.57% to 3,175.06, while the German DAX gained 0.54% to 9,718.69 at the time of writing. At the same time, the French CAC 40 added 0.54% to 4,336.10 and UK’s FTSE 100 edged 0.45% higher to 6,720.31.
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Asian Stocks
Stocks in the Asian region were seen starting the week trading higher on Monday as investors in Japan digest the nation’s upbeat industrial output report.
Japan
The Japanese Nikkei 225 index added 0.88%, ending the session at 15,296.82, while Tokyo’s Topix index advanced 0.79% to 1,265.54 points.
The Japanese telecommunication and internet corporation added 2.3% to 7,649 yen, while Dainippon Sumitomo Pharma rose 5.50% in shares. Mitsui Mining & Smelting saw the most losses during the session with shares sliding 1.95%.
Japan’s Industrial production grew 0.7% in May on a monthly basis, compared to the 2.8% decline seen in the previous month, a report from the Japanese Ministry of Economy, Trade and Industry showed on Monday.
On a yearly basis, the nation’s industrial output rose 1%, after the 3.8% rise posted in the previous month.
However, capacity utilization fell 0.7% in May, month-on-month, after the 2.2% fall posted in April, according to the ministry.
China
Hong Kong’s Hang Seng index edged 0.51% higher, trading at 23,350.85 points at the time of writing, while China’s benchmark Shanghai Composite added 0.09% to 2,048.84 points.
China Mobile rose 2.4% to HK$78.40, while China Telecom added 3.3% to HK$4.03 in Hong Kong, China Unicom saw the most gains during with session, with shares climbing 3.9% to HK$12.76. Meanwhile the casino operator Galaxy Entertainment lost 1.76%.
The South Korean Kospi index added 0.41%, closing at 1,993.88 points.
Australia’s benchmark S&P/ASX 200 index rose 0.46%, to close at 5,512.30 points, while New Zealand’s NZX 50 index edged 0.53% to 5,127.87 points.
New Zealand’s home sales volumes fell 6.1% in June from the previous year and dropped 12.3% when compared to the previous month, a report from the Real Estate Institute of New Zealand showed on Monday.
In Australia, NRW Holdings climbed 4.08%, while Northern Star Resources gained 4.01% and shares in the oil and gas company Buru energy fell 9%.
European Stocks
Stocks in Europe were seen trading higher on Monday as traders focus on the release of the eurozone’s industrial production report and a speech from the European Central Bank (ECB) President Mario Draghi later in the day.
The European Euro Stoxx 50 rose 0.57% to 3,175.06, while the German DAX gained 0.54% to 9,718.69 at the time of writing. At the same time, the French CAC 40 added 0.54% to 4,336.10 and UK’s FTSE 100 edged 0.45% higher to 6,720.31.
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