Asian Stock Markets Started The New Week With An Increase
Indices in the Asia Pacific Region followed a positive trend on the first day of March.
Asian stock markets started the new week with an increase. The stock market started the first day of March with a value of over 1 percent.
According to data from China over the weekend, the manufacturing PMI index remained at 50.6 in February, below the expectations of 51.
Despite the data that the recovery rate of the Chinese economy, which started to overcome the effects of the coronavirus epidemic, slowed in February, the gain in the indices saw over 1 percent at the beginning of the week.
Index Summaries
- Japan's Topix Index gained 1.7 percent.
- Australia's S&P/ASX 200 Index rose 1.3 percent.
- Hong Kong's Hang Seng Index rose 1.1 percent.