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Asian share rise on US rally, jobs data signaling low rates

South Korea Japan Hong Kong Australia city Tokyo city Shanghai infection Coronavirus
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TOKYO – Asian shares rose Monday, cheered by a rally on Wall Street as a grim jobs report signaled to investors that interest rates will likely stay low.

Japan's Nikkei 225 rose 1.0% in morning trading to 29,644.96. Australia's S&P/ASX 200 jumped 1.2% to 7,166.10. South Korea's Kospi added 1.0% to 3,230.35.

Hong Kong's Hang Seng edged up 0.4% to 28,729.22, while the Shanghai Composite was little changed but inched up to 3,418.95.

The regional gains are coming despite a recent surge in coronavirus infections in Asia. In Japan, worries are growing about tens of thousands of athletes and officials entering the country for the Tokyo Olympics, set to open in July.

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केंद्र सरकार की नीति- ध्यान भटकाओ, झूठ फैलाओ, शोर मचाकर तथ्य छुपाओ। pic.twitter.com/aIJwvMYBTWMeanwhile, India's daily spike of coronavirus cases remained below the 3 lakh mark for the third consecutive day as only 2,67,334 fresh infections were recorded during a 24-hour period.India recorded the highest single-day COVID-19 fatalities with 4,529 new deaths in the last 24 hours, according to the Union Health Ministry's data updated at 8 am today.At present, there are 32,26,719 active cases in the country. Never miss a story! Stay connected and informed with Mint.
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United States
United States
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India
Cases: 34 321 025
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Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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