Asian Markets Surge on China Stimulus and Trump’s Tariff Delay
- akcsoares
- 6 de mar.
- 1 min de leitura
Asian stocks closed mostly higher on Thursday (6), buoyed by expectations of additional economic stimulus in China and U.S. President Donald Trump’s decision to delay tariffs on certain automakers.
In mainland China, the Shanghai Composite Index gained 1.17%, closing at 3,381.10 points, while the more focused Shenzhen Composite saw a 1.81% rise to 2,091.27 points.
After the market’s close, Chinese officials pledged further monetary and fiscal support, including interest rate cuts, reduced reserve requirements, and measures to boost consumer spending.
Elsewhere in the region, Hong Kong’s Hang Seng Index jumped 3.29%, reaching 24,369.71 points, marking its highest level in three years. Japan’s Nikkei climbed 0.77%, closing at 37,704.93 points, while South Korea’s Kospi rose by 0.70%, ending at 2,576.16 points.
However, Taiwan’s Taiex bucked the trend, falling 0.68% to 22,715.43 points.
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