Asian shares up

Asian shares followed Wall Street higher yesterday as investors looked ahead to more countries restarting their economies, even as some reported an unwelcome pick up in new coronavirus cases.

South Korea warned of a second wave of the new coronavirus as infections rebounded to a one-month high, while new infections accelerated in Germany.

Yet millions of French people are set to cautiously emerge from one of Europe’s strictest lockdowns yesterday, as countries across Europe ease restrictions.

Investors seemed determined to stay optimistic and MSCI’s broadest index of Asia-Pacific shares outside Japan firmed 1,1 percent.

Japan’s Nikkei added 1,6 percent and Chinese blue chips 0,7 percent. E-Mini futures for the S&P 500 opened soft but bounced as the morning wore on and was last up 0,5 percent. — Reuters.

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