Asian stock indexes trigger positive rebounds due to investor turnaround for commercial earnings season



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Asian stock indexes opened the trading session last week on US stock indexes, which closed yesterday at nearly 1% gains, trade disputes between the US and China not increasing. Investor attention to the disclosure of the season of the results of business.

US President Donald Trump said yesterday that his country was in a bad trade war with China, adding that we will succeed in the end, saying that the United States would negotiate a fair trade agreement with China, The House Blanche announced that high-level talks had been held with China and that America was open to further discussions with China to resolve trade tensions between the two countries.

On the other hand, the Chinese Ministry of Commerce said that the charges of theft of intellectual property by the United States were unfounded and that until now, there was no evidence of theft. agreement on the resumption of negotiations between the two countries. The fear that the US escalation to a trade war would increase uncertainty about the global economy and that China would take steps to protect its economic interests.

The US Trump administration unveiled Tuesday a list of Chinese products estimated at $ 200 billion, likely subject to 10% tariffs, followed by China's alleged intimidation by the states -United. After the answer, hours after the United States imposed tariffs of 25 percent on Chinese products estimated at $ 34 billion on Friday, China responded at the end of the week.

Japanese stocks rose today, with the Japanese TOPIX index rising 0.78% to add 13.29 points to 1,722.97, while the Nikkei 225 Stock Average rose 1, 35% to 299.05 points, Level 22 487.01.

Chinese equities saw a mixed performance today with the CSI 300 gaining 0.19% to reach 6.43 points and reaching 3,487.69, while the Shanghai Composite dropped 0.33% to reduce by 9.50 points to 2828.16.

The Hang Seng Hong Kong index rose 0.60% to 170.33 points, reaching 28,651.16. Kospi of South Korea rose 0.76% to 17.34 points, reaching 2.302.40.

The NZZ 50 index of New Zealand equities rose 0.13% to 11.69 points to settle at 8,997.16, while the Australian S & P index / ASX 200 lost 0.19% to hit 6.256.10.

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