Indices in Asian Stock Markets Started the Week With an Increase

Indices in Asian Stock Markets Started the Week With an Increase Indices in Asian stock markets started the week with an increase. On the first trading day of the week, stocks soared with the signing of the stimulus package in the USA. Stocks on Asian stock markets started positively on the first trading day of the new week, when US President Donald Trump signed the long-awaited stimulus package. According to the news prepared by the US media based on sources close to Trump, Trump signed a 1.4 trillion dollar budget bill with the $ 900 billion incentive package approved by the US Congress. Trump had previously described the same package as "disgrace" and asked for cash assistance to be increased to $ 2,000 and some changes. In order to prevent the new variant of the coronavirus in Japan, foreign nationals have been banned from entering the country as of December 28. In the statement, it was reported that foreign nationals were prohibited from entering the country as of December 28 after the variant of the virus was detected for the first time in the country, and it was stated that a 14-day quarantine will be applied to Japanese citizens and foreigners who have a residence permit in the country. According to data from the Ministry of Economy, Trade and Industry which was released this morning in Japan, industrial production data did not change in November compared to the previous month. The median expectation of economists surveyed by Bloomberg was to increase 1.1 percent on a monthly basis. Production fell 3.4 percent on an annual basis. The expectation was for a 2.3 percent decrease.   Index Summaries * Japan's Topix Index gained 0.4 percent. * The South Korean Kospi Index rose 0.7 percent. * The Hang Seng Index increased 0.2 percent. * The Shanghai Composite Index rose 0.4 percent.