Asian shares shrug off Wall Street blues

Asian shares shrug off Wall Street blues

On Monday, Asian stocks inched up, shrugging off Wall Street's uninspiring performance, while the British pound was mostly intact after in London a van unexpectedly rammed into pedestrians even as financial markets braced for the beginning of Brexit negotiations.

Outside Japan MSCI's broadest index of Asia-Pacific stocks tacked on 0.5%.

Japan's Nikkei N225 managed to acquire 0.6%.

As for Australian shares AXJO, they gained 0.5%, South Korea's KOSPI surged 0.6%.

Chinese shares CSI300 tacked on 0.55%, following data that showed that home prices added 10.4% in May from last year, though dipping from April's 10.7% surge.

In Hong Kong the Hang Seng index grew 0.85%.

On Friday, Wall Street concluded mixed, with energy names compensating dips in consumer stocks that turned to be clobbered by Amazon’s $13.7 billion deal to purchase upscale grocer Whole Foods Market.

The S&P 500 index stood still, the Dow Jones Industrial Average concluded up 0.1% and the Nasdaq went down 0.2%.



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