07-13-2021, 01:32 PM
- Stocks in Asia-Pacific were mostly higher in Tuesday trade.
- China’s exports in June jumped 32.2% as compared with a year earlier, customs data showed Tuesday.
- Overnight stateside, the major indexes on Wall Street rose to record closing highs.
SINGAPORE — Shares in Asia-Pacific were mostly higher in Tuesday trade as investors reacted to the release of China’s trade data for June.
Hong Kong’s Hang Seng index led gains regionally as it jumped 1.85%. In mainland China, the Shanghai composite rose 0.22% while the Shenzhen component shed 0.206%.
China’s exports in June jumped 32.2% as compared with a year earlier, customs data showed Tuesday. That was much higher than a forecast by analysts in a Reuters poll for a 23.1% growth in exports for June.
The data also showed Chinese imports in June surging 36.7%. That compared against an estimate for imports to have increased 30%, according to Reuters.
- More -