Japan – Korea stocks continued to rise after the news of President Trump leaving the hospital

The health situation of US President Donald Trump continued to dominate the Asian stock market with the green color still maintained in the morning session of October 6.

The Nikkei 225 increased by 0.43% in the morning session of October 6. Documentary photo: AFP

On the Hong Kong stock market, the Hang Seng index continued to stay in green with an increase of 0.88% in the morning session on October 6. Mainland Chinese stock markets were closed this morning for a holiday.

In Japan, the Nikkei 225 index rose 0.43% thanks to a boost from shares of the Softbank Group with a 2.34% increase, while the Topix index inched slightly by 0.29%. On the Korean market, the Kospi index rose stronger with 0.62%. Overall, the MSCI Asia-Pacific (excluding Japan) rose 0.68%.

After the rally in the region, Australian stocks this morning continued to increase but not significantly, after news that the country’s trade balance of goods and services fell by 43% in July and August, according to data. was announced by the Australian Statistical Office on the morning of October 6.

Notably, shares of two gold companies Northern Star Resources and Saracen Mineral Holdings both soared more than 9% in the morning session of October 6 after the two companies announced a $ 16 million merger.

“It was a great deal,” said Bill Beament, Executive Chairman of Northern Star Resources. “We will be in a strong position when the merger is completed in the next few years, while also recording growth in the business,” Beament added.

Investors’ major concern at the moment is still the health of US President Donald Trump. Mr. Trump October 5 (US time) discharged from the hospital and back to the White House. Here, Mr. Trump will continue to receive Covid-19 treatment.

Before moving back to the White House, President Trump said he had a sensible plan to quickly reactivate the re-election campaign when it was less than a month before the US election.

President Trump’s doctors on October 5 said Trump’s health condition “continues to improve” over the past 24 hours, though White House doctor Sean Conley warned Mr. Trump may not be completely out of danger.

US stocks soared last night after the positive news about the health situation of President Trump. The Dow Jones rebounded 465.83 points, or 1.7 percent, to close at 28,148.64 points. The S&P 500 rose 1.8 percent to 3,408.62 points, while the tech-oriented Nasdaq Composite Index closed at 11,332.49 points, up 2.3 percent.

On the currency market, the greenback this morning slipped. The US dollar index against other major currencies fell from 93.6 to 93.424. Japanese yen changed hands slightly to 105.69 JPY / USD while the Australian dollar also weakened to 1 AUD / 0.72 USD.

Oil prices on the Asian market have not been rippled, with Brent futures prices going sideways at $ 41.30 / barrel with US crude futures slipping slightly to $ 39.20 / barrel.

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