Asian stocks rise as China trade surplus expands

Tuesday, 13. July 2021 07:19

Major stock markets in the Asia-Pacific region posted gains on Tuesday with the positive sentiment pushed by the news that China's trade surplus expanded last month to reach $51.5 billion.

The Shanghai Composite traded 0.18% higher, while on the other hand, the Shenzhen Composite lost 0.22% at 7:03 am CET. The Hang Seng surged 1.60% or 440 points at 7:18 am CET.

Meanwhile, a recent report revealed the Australian government could extend coronavirus-related lockdown measures in Sydney to slow down the spread of the Delta variant. The S&P/ASX 200 rose 0.18% at 7:09 am CET. The Nikkei 225 soared 0.49% or 140 points a minute later, with the Kospi Composite gaining 0.73%.

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