Home » Positive Asian stocks with buy on hi-tech after Wall Street: Shanghai + 2%. Tokyo Stock Exchange + 0.50%

Positive Asian stocks with buy on hi-tech after Wall Street: Shanghai + 2%. Tokyo Stock Exchange + 0.50%

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Positive Asian equities, led by the Taiwan stock exchange, with the Taiex jumping about 1.6% and the Shanghai stock exchange, which reported a rally of almost + 2%; the Nikkei 225 index on the Tokyo stock exchange is doing well (+ 0.51%), while Hong Kong rises by 1.5%: Seoul is + 0.60%, Sidney + 0.73%.

The positive sentiment is fueled by gains in tech stocks in Asia, after US Big Tech stocks such as Alphabet, the holding company that owns Google, Facebook and Microsoft all rose more than 50,000 in the Wall Street eve session. 2%.

Tencent and Alibaba did well on the Hong Kong stock exchange, while the rise of SoftBank Group was highlighted on the Tokyo stock exchange; on the Seoul stock exchange, watch for South Korean chip maker SK Hynix’s gain, up more than 2%. TO

The Hong Kong stock exchange observed special is also Kuaishou Technology, whose stock dropped by over 8% despite the Chinese company reporting a jump in turnover of + 36.6% year-on-year in the first quarter.

On the cryptocurrency market, purchases prevail: Bitcoin leaps over 10% to $ 38,525, while Ethereum rallies over 23% to $ 2,586.

Effect Elon Musk, founder Elon Musk, founder and CEO of Tesla, who published a new tweet about Bitcoin, which this time raised the prices of the digital currency.

“I spoke to some Bitcoin miners in North America – he wrote – who are committed to publishing current and planned data relating to the use of renewable energy”. Musk added that “this is potentially promising.”

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From the macroeconomic front, the data on Singapore’s GDP, which grew in the first quarter of the year by 1.3% on an annual basis, was disclosed. This is what the Ministry of Commerce and Industry has announced, also reiterating the estimates on 2021 GDP, expected to grow in the range between + 4% and + 6%.

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