Asian stock markets close day in buoyant mood

By Aysu Bicer

ANKARA (AA) - Despite the macroeconomic data that fell short of expectations, the increase in the number of coronavirus cases and the rapid rise in oil prices, it was observed that the risk appetite in Asian stock markets remained high.

Almost all of Asia's major stock markets closed Tuesday with gains.

The Hang Seng, the benchmark for blue-chip stocks trading on the Hong Kong stock exchange, posted a 0.13% decrease, or 33.97 points, to some 25,693 on Wednesday.

The Asia Dow, which includes blue-chip companies in the region, gained 1.19% or 46.40 points to close at 3,935.

Tokyo's Nikkei 225 stock exchange soared 300.25 points, or 1.08%, to 28,089.

China's Shanghai stock exchange added 15.79 points, or 0.45%, to reach 3,543 points.

Japan's industrial output decreased 1.5% month-on-month in July, with car production smashed amid the resurgence of the coronavirus, Ministry of Economy, Trade and Industry revealed.

China Federation of Logistics and Purchasing announced that the country's manufacturing PMI dropped to an 18-month low of 50.1 in August.

China's non-manufacturing PMI, which includes construction and service activities, fell below the threshold level in August amid a delta variant outbreak, the National Bureau of Statistics announced on Tuesday.