Asian shares climb as investors track German, New Zealand election results

Asian Market 1

Major Asian indexes climbed in early Monday trade as investors digested elections in Germany and New Zealand over the weekend.

Japan’s Nikkei 225 rose 0.59 percent in early trade as automakers and most financials notched gains. Across the Korean Strait, the Kospi edged up 0.07 percent to break a four-day losing streak.

Down Under, the S&P/ASX 200 advanced 0.32 percent, with energy and financials leading gains. The heavily-weighted financials sub-index was up 0.55 percent.

The euro and Kiwi dollar were in focus as markets digested political headlines in the German and New Zealand elections.

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Epic Research
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