Most Asian markets up | 2019-05-21 | daily-sun.com

Most Asian markets up

21 May, 2019 12:00 AM printer

HONG KONG: Most Asian markets rose Monday after Donald Trump showed signs of conciliation in his trade wars but investors remain on edge over the China-US standoff with some concerns that talks between the two have stalled.

Mumbai equities and the rupee soared on the back of exit polls suggesting business-friendly Prime Minister Narendra Modi was on course to be re- elected.

Sydney stocks and the Australian dollar rallied after a shock win for the conservatives, while Japanese dealers were cheered by forecast-beating economic growth data, reports AFP.

However, the pound is wallowing around four-month lows on growing fears Britain will leave the European Union without a divorce deal.


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