Markets

Asian markets positive with US records

Asian stocks started the new trading day on a positive note with the new record news from the US markets.

While the Asia Pacific MSCI index continued to rise in the second day, the positive divergence in the Hong Kong Stock Exchange drew attention.

Taiwan shares also hit an intraday record level.

A horizontal outlook was observed in Chinese indices, which entered the week on a high mood due to the reduction in reserve requirements by the People’s Bank of China.

In the Philippines, where Fitch changed the rating outlook from stable to negative, shares fell.

New records in US indices

The S&P 500 index rose 0.38 percent to 4,386.20 points on the first trading day of the week, and the Nasdaq index rose 0,21 percent to 14,733.2 points. Thus, all three indices broke records with the scores they achieved at the close.

Optimism regarding the financial results of companies for the second quarter, which will be announced this week, was influential in the positive trend in the indices.

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