- Asian Stocks close: most stocks traded higher due to the better-than-expected U.S. labour market data
Market news
4 July 2014
Asian Stocks close: most stocks traded higher due to the better-than-expected U.S. labour market data
Most Asian stock indices traded higher due to the better-than-expected U.S. labour market data. U.S. companies added 288,000 jobs in June, exceeding expectations for an increase by 211,000 positions, after a gain of 224,000 jobs in May.
The unemployment rate in the U.S. dropped to 6.1% in June from 6.3% in May. That was the lowest level since September 2008.
The Japanese shares were also supported by the weak yen.
Indexes on the close:
Nikkei 225 15,437.13 +88.84 +0.58%
Hang Seng 23,546.36 +14.92 +0.06%
Shanghai Composite 2,059.37 -3.85 -0.19%
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