CSI 300 Index gained as much as 0.18% on Thursday after China reported that its April’s industrial profits jumped 57.0% year over year. China’s industrial profits hit 768.63 billion Yuan or $120.22 billion even as rising commodity prices limited overall manufacturing earnings.
Japan’s Nikkei traded lower at about 0.57% as uncertainties of Covid-19 restriction extensions weighed down on stocks.
Australia’s ASX 200 gained as much as 0.30% as Private Capital Expenditure during the first quarter jumped 6.3% on a quarter basis to A$31.5 billion or $24.36 billion.
In the U.S, futures on the S&P 500 and Nasdaq recovered losses to trade higher.
In Commodity markets, oil edged lower with Brent crude shedding 0.65% to about $68.42 a barrel.
Most global stocks are currently gaining. CSI 300 is up 0.33%, NI225 is down 0.51%, ASX 200 is up 0.034%, S&P 500 is up 0.19%, Nasdaq is up 0.33%
