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Asian Markets Begin the Trading Week on the Rise

Voice of America
28 Sep 2020

Global markets are beginning the trading week Monday with significant gains.

Britain's benchmark FTSE index is up 1.5% at the midday mark. The CAC-40 index in France is 2% higher, while Germany's DAX index has soared 2.8%

Europe's good numbers are following on the heels of Asia's solid gains earlier in the day.

Japan's benchmark Nikkei index closed up 1.3%. Hong Kong's Hang Seng index is up 1%, Shanghai's Composite is down nearly two points, but is virtually unchanged percentage-wise. The S&P/ASX index in Australia lost 0.2%. The KOSPI index in South Korea finished 1.2% higher, while Taiwan's TSEC index ended 1.8% higher.

Mumbai's Sensex is up 1.5% in late afternoon trading.

In commodities, gold is trading at $1,863.80 an ounce, down 0.1%. U.S. crude is trading even at $40.27 per barrel, while Brent crude oil is also trading even at $41.94 per barrel.

All three major U.S. indices are trending upward in futures trading ahead of Wall Street's opening bell.

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