The Seoul Stock Exchange rallies in the final session, after the agreement between Republicans and Democrats in the US Senate for the green light to the $ 2 trillion plan to revive the world's first economy, hit by the coronavirus. The Kospi index gained 94.79 points, at 1.704,76 (+ 5.89%).
The Tokyo Stock Exchange also consolidates the recovery by marking the largest daily increase in the last 26 years, thanks to the joint stimulus plans of the governments to stem the impact on the economy of the coronavirus, while the relief of investors for the postponement is evident of the Olympics, avoiding the hypothesis of a cancellation. The Nikkei moved 8.04% to 19.546.63, adding 1,454 points. On the foreign exchange market, the yen depreciates against the dollar at 110.40, and against the euro at 119.20.
The Composite index of Shanghai marked an increase of 1.67% in the early stages, to 2,767.84, while that of Shenzhen rose by 2.30% to 1,704.62.
The Hong Kong Stock Exchange flies at the start, on the push of the Wall Street rally (+ 11.26% Dow Jones) for the expectations of the US Congress's go-ahead for the mega aid package against the effects of the coronavirus: the Hang Seng index earns 592.42 points, at 23,255.91 (+ 2.61%).