Stock indexes Asia-Pacific region had increased at the end of trading on Friday. Growth indicators contributed to the positive statistics from China and the United States, which support the optimism of investors concerning prospects of economic recovery after the pandemic coronavirus infection COVID-19.
The number of jobs in the U.S. economy last month rose by a record 4.8 million, according to the Ministry of labour. The unemployment rate fell to 11.1% from a record high of 14.7% recorded in April.
The index of purchasing managers (PMI) in the services sector of China, calculated by Caixin Media Co. and Markit, in June jumped to highest level in more than 10 years amid a sharp growth in demand following the removal of the restrictive measures imposed in the country to contain the spread of coronavirus infection. The indicator rose to 58.4 points – the highest level since April 2010, compared to 55 points in may. A reading above 50 indicating growth in business activity in the services sector. The composite index of business activity in China in June rose to 55.7 – the highest level since November 2010. In may, the indicator value was 54.5 points.
“That is good news, soften the seemingly endless negative attitude to the rapid growth of new cases of coronavirus in the United States,” said a senior market strategist at AxiCorp Stephen Innes, quoted by MarketWatch.
The Japanese Nikkei 225 index rose at the end of trading on 0,72%.
Leaders of growth were the shares of software developer CyberAgent Inc. and medical provider online services M3 Inc., which rose by 4.9% and 4.5%, respectively.
The price of securities, a technology investment Group SoftBank Corp. increased by 2.6%, the largest retailer of clothing in Asia, Fast Retailing Co. – 0.4%, a manufacturer of consumer electronics Sony Corp. – by 0.2%.
At the same time, the paper of Japanese automakers fell, including Nissan Motor Co. (-1,1%) and Toyota Motor Corp (T:7203). (-0,6%).
The Chinese Shanghai Composite index rose 2.01%, while Hong Kong’s Hang Seng gained 0.99 percent.
The number of gainers at the auction in Hong Kong included the action of carmaker Geely Automobile Holdings Ltd. (+12,6%), chip maker AAC Technologies Holdings Inc. (+6,6%), insurer China Life Insurance Co. (+9,7%), as well as manufacturer of components for electronics, Sunny Optical Technology Group Co. (+6.2 percent).
Stock prices of Internet giant Tencent Holdings rose 1.2%, telecommunications company China Mobile – 0.3%.
Paper operator exchanges Hong Kong Exchanges & Clearing fell by 1.3%, being the leader of decrease.
South Korea’s Kospi climbed 0.8%.
Capitalization of one of the world’s largest chip manufacturers Samsung (KS:005930) Electronics Co. increased by 1.3%, a manufacturer of consumer electronics LG Electronics – 0.6%. Shares of automaker Kia Motors Corp. decreased in price by 0.2%.
The Australian index S&P/ASX 200 down 0.42 percent.
Retail sales in Australia in may increased by 16.9 percent compared to the previous month, according to final data from the statistical Department of the country. This is a record of the survey, over 38 years of statistics that was due to the widespread weakening of quarantine measures in the country. In April, retail sales fell by 17.7% month-on-month, showing a record decline.
The market price of one of the leading mining companies in the world BHP Group rose by 0.7%, the price of securities Rio Tinto (LON:RIO) fell 1.5%.
Paper oil producers fell, including Santos (-0,9%), Oil Search (-2.1%) and Woodside Petroleum (down 0.6%).