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Investors are shaking off the electoral turmoil that has characterized the markets recently.
Published:,
Asian stock markets rose sharply on the first trading day of the week.
The positive development comes after Joe Biden was named president of the United States this weekend for the next four years, which various experts tell E24 is a good result for the stock market.
Japan index at highest level in 29 years
This is how it looks on the Central Asian stock exchanges on Monday morning:
- The Nikkei 225 in Tokyo is up 2.48 percent
- Shanghai Composite rises 1.90 percent
- Hang Seng in Hong Kong rises 1.62 percent
- Kospi in Seoul rises 1.50 percent
Monday’s rise in the Nikkei means the index reached its highest level since late 1991, according to Reuters.
At the same time, the ASX 200 index in Sydney is up 1.75 percent.
Oil prices returned above $ 40
The price of a barrel of North Sea oil (spot burned) rises about 1.7 percent to $ 40.33.
The futures contracts of the main US stock exchanges, the so-called futures, point to a sharp rise in the openness of the US stock exchanges.
Nasdaq Futures is up 2.5 percent, while S&P Futures is up 1.7 percent.
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