Most Asian stock indices ended in positive territory today. South Korea’s Kospi soared over 8.4%. This came after data from the Ministry of Trade, Industry and Resources showed South Korean exports in March jumped 48.3% from a year earlier, as robust semiconductor demand helped cushion the economy. Semiconductor exports rose by over 151%, surpassing the over 30 billion dollar mark for the first time. Japan’s Nikkei 225 index surged more than 5.2%, Hong Kong’s Hang Seng index rose 2%, Singapore’s Straits Times index ended over 1.8% up, and China’s Shanghai Composite index gained nearly 1.5%.
Major European indices were trading up today. Germany’s DAX soared over 2.7%, and London’s FTSE 100, as well as France’s CAC 40, jumped over 2% when reports last came in.
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