Most Asian markets end higher; Key indices in Europe trade lower

Most Asian markets ended higher, today. So, China's Shanghai Composite index gained 0.8 per cent after data showed that retail sales in China rose 17.7 per cent in April from a year earlier. Although they fell short of forecasts for a jump of 24.9 per cent, industrial output matched expectations with a rise of 9.8 per cent. Hong Kong's Hang index rose 0.6 per cent; Singapore's Straits Times index advanced 0.8 per cent. But Japan's Nikkei-225 index declined nearly 1 per cent as worries over the slow pace of the domestic vaccination drive overwhelmed a boost from solid gains in Wall Street shares. And South Korea's Kospi index lost 0.6 per cent.
 
In Europe, key indices were trading lower as underwhelming Chinese data and a resurgence of COVID cases in some Asian countries outweighed optimism over the reopening of the British economy. London's FTSE-100 had declined 0.6 per cent, France's CAC-40 had lost 0.4 per cent and Germany's DAX had fallen 0.3 per cent in intra-day trade.
 

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