Asia-Pacific stocks rise as investors watch Trump’s health condition following his Covid-19 diagnosis
Stocks in Asia-Pacific traded higher Monday morning as investors watched for developments on U.S. President Donald Trump’s health after he tested positive for the coronavirus last week.
Meanwhile, stocks in Australia jumped in morning trade, with the S&P/ASX 200 up about 2.2% as shares of the country’s major banks surged: Australia and New Zealand Banking Group gained 3.98%, Commonwealth Bank of Australia added 2.75%, Westpac rose 4.04% and National Australia Bank soared 3.69%.
In Japan, the Nikkei 225 rose 1.34% in early trade as the Topix index gained 1.68%. South Korea’s Kospi added 0.35%.
Overall, the MSCI Asia ex-Japan traded 0.41% higher.
Markets in China are closed on Monday for a holiday.
Reference: CNBC
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