Asian markets mostly rise after forecast-busting US jobs data


A currency trader passes by screens showing foreign exchange rates at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, April 5, 2021. Asian stock markets were mostly higher Monday after Wall Street hit a record high on optimism the spread of coronavirus vaccines might allow global business to return to normal. - AP

HONG KONG, April 5, 2021 (AFP): Equities mostly rose in Asia on Monday following a forecast-busting US jobs report and as investors kept tabs on the progress of Joe Biden's latest economy-boosting spending package.

With holidays keeping business limited, trading was light, but the strong employment reading on Friday provided healthy support, while eyes turn to the upcoming earnings season.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Asia , Stock Markets , Mostly Up , US Data , India , Down , Covid-19 , Issues

   

Next In Aseanplus News

Asean news headlines as at 9pm on Tuesday (April 23)
Jokowi says transition to new government to begin soon
Chinese warships in Cambodia fuel fresh concerns as Wang visits
Thai actor Bright and singer Nene confirm they are dating
Rafizi: Economy continues to strengthen along with Bursa Malaysia
Murder in Spain: Limited edition sneakers worn by suspect match footprints at crime scene
Copter tragedy: 'Dad didn't speak much but he always took care of us'
Indonesia forms task force to tackle child pornography as millions of cases recorded
Copter tragedy: Families still reeling from loss
Copter tragedy: Friends see Lt Cmdr Wan Rezaudeen as a hero

Others Also Read