Stock markets in Asia rose due to good statistics
In Asia on Tuesday observed stock market growth on the back of favorable macroeconomic data in individual sectors. Thus, the Japanese Nikkei index rose by 0.1% (up to the last five months), it is associated with the introduction of new measures to stimulate economic growth, which suggested that Prime Minister Shinzo Abe.
In South Korea Index Korea Composite Stock Price Index (KOSPI) rose by 1%, thus registering the best result of the two-week session. Increase is due to unexpectedly high production figures in the US, China and Japan.
Meanwhile, shares in Samsung Electronics Co Ltd and Hyundai Motor Co South Korean giant companies rose by 1.7% and 2.3% respectively, while SK Hynix Inc quotations increased by 2.9%.
Stock Exchange Hang Seng index in Hong Kong rose 0.3% and the index traded in the same Chinese companies - by 0.5%. Oil prices in China's oil companies have dropped due to the movement against corruption: CNOOC to 1.5% (a minimum of two weeks), China Petroleum Chemical Corp -0,8% and PetroChina -0,4%.
Due to the fact that the government plans to introduce tax relief for manufacturers of environmentally friendly vehicles, shares of BYD (Build Your Dreams) rose by 4.3%, according to Shanghai Securities News. New benefits promised by July.
Exchange Shanghai Composite Index in Shanghai increased by 0.5% thanks to the producers of alcoholic beverages - they are the authorities promise to provide support. Stocks Kweichow Moutai increased by 4.6% and Sichuan Swellfun - on the maximum allowed 10%.
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