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Asia shares broadly up

Monday, 9 June 2014


Asian markets mostly rose on Monday, buoyed by another record close on Wall Street in response to an impressive US jobs report, an upward revision of Japanese economic growth and healthy Chinese export figures. The euro ticked up as the upbeat outlook provided enough confidence for traders to look into higher yielding, higher risk assets. Tokyo rose 0.31 percent, or 46.76 points, to 15,124.00 -- a three-month high -- while Hong Kong gained 0.79, or 166.47 points, to 23,117.47. Shanghai was flat, edging up 0.55 points to 2,030.50 but Seoul eased 0.27 per cent, or 5.44 points, to 1,990.04. Sydney was closed for a public holiday. US shares continued their recent run of records on Friday after the Labour Department said the world’s biggest economy added a net 217,000 jobs in May, in line with expectations, according to AFP.