It is expected to be optimistic about Sino -US economic growth, and the Asian stock market is higher

Author:Pole news Time:2022.08.17

Jimu Journalist Song Qingying

Intern Yang Xingnan

According to the Associated Press, on August 17, because the regional market showed strong signs of growth from the Chinese and American economies, most of the Asian stock markets rose.

A Securities Company of Tokyo (Source: Associated Press)

Japan, China and Australia's stock markets rose early. Japan's benchmark Nikkei 225 Index rose 0.8%in early trading to 29101.33 points, and has exceeded the 29,000 points since January 6.

The Australian S & P/ASX 200 index rose nearly 0.1%to 7109.50 points. The Hong Kong Hang Seng Index rose 0.5%to 19932.34, while the Shanghai Composite Index rose slightly by 0.2%to 3284.14.

ACTIVTRDES analyst Anderson Alvis, an analyst of British trading company, said: "The expectations of China's economic growth in China and the United States may still be the key to measuring recession."

The abnormal value in the Asian stock market is South Korea, the South Korean stock market fell slightly, and the South Korean comprehensive index fell 0.76%. Due to the new plan of the United States' termination of tax claims, the stock price of Modern Motors and Kia Company of automobile manufacturers declined, ending a three -day rise.

The United States has also ended a shocking trading day, and most of the closes have risen, and a series of gains appear. The S & P 500 Index rose 0.2%to 8.06 points to 4305.20 points. The Dow rose 239.57 points to 34152.01 points. The largest retailer Wal -Mart's stock price in the United States rose 5.1%. Earlier, the company announced its strong performance that exceeded analysts expected.

However, the decline in science and technology, healthcare and energy stocks has limited the rise of the broader market.

The analysis believes that due to the signs of ease of inflation, the US stock market set the best performance in July in July, and the rising momentum continued until August.

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