Shares in Asia gain as China trade data lifts sentiment further

© Reuters. Asian shares gain© Reuters. Asian shares gain

Investing.com – Upbeat trade figures from China supported momentum in Asian shares on Thursday, aiding solid gains acorss the region’s main indexes.

The gained 1.21%, while the rose 1.24%. The edged up 0.07%, while Hong Kong’s rose 0.73%.

China reported its for November as a surplus of $ 44.61 billion, compared with a surplus of $ 46.30 billion seen and posted a slight increase of 0.1%, well above the decline of 5.0% expected, while jumped 6.7%, well above 1.3% fall seen.

The figures showed imports surged 31% in November from the previous month to 380,000 tonnes, the highest since June on construction demand.

U.S. stocks were higher after the close on Wednesday, as gains in the Telecoms, Consumer Goods and Technology sectors led shares higher.

At the close in NYSE, the rose 1.55% to hit a new all time high, while the gained 1.32%, and the gained 1.14%.

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