Markets in Asia, Europe rebound: Nikkei jumps 353 points: Germany's Dex rises 265 points

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Mumbai, Ta. Monday, May 25, 2020

Indian stock markets were closed today-Monday on the occasion of Ramadan Eid. Global stock markets were closed today on the occasion of Memorial Day in the US. Markets in the UK were closed for the time being. Tensions between the United States and China are mounting, with the United States approving a bill to delist Chinese companies from its stock markets and urging the world to unite against China. China has also warned of retaliatory measures against the United States.

Markets in many countries in Asia and Europe saw a rapid recovery today as many countries began to reactivate their economies by freeing themselves from lockdowns after a long period of global downturn caused by the Corona epidemic. The Singapore Nifty was up 5 to 20 points in the late evening to close at 3100.

Among Asian markets, Japan's Tokyo Stock Exchange Nikkei Index rose 2.7 points to 20,31.5, Hong Kong's Hang Seng Index rose 2.10 points to 8,6.5 and China's CSI 200 Index rose 4 points. Markets in the UK were closing in on European markets. While Germany's Dex index was up 30 points and France's Cake 20 index was up 30 points.

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