Asian shares rise on optimism about Trump’s recovery
Asian shares rose Monday in Asia as investors were encouraged by positive reports about President Donald Trump’s health after he tested positive for the coronavirus.
- Japan’s benchmark Nikkei 225 gained 1.2% to 23,316.08.
- South Korea’s Kospi jumped 1.3% to 2,356.80.
- Australia’s S&P/ASX 200 surged 2.4% to 5,932.40.
- Hong Kong’s Hang Seng rose 1.5% to 23,801.97.
- Markets are closed in Shanghai until Friday.
- In energy trading, benchmark U.S. crude rose 89 cents to $37.94 a barrel in electronic trading on the New York Mercantile Exchange. It fell $1.67 to $37.05 on Friday.
- Brent crude, the international standard, gained 83 cents to $40.10 a barrel.
- The U.S. dollar inched up to 105.55 yen from 105.34 yen.
- The euro cost $1.1733, up from $1.1717.