Bangkok (EFE).- The stock markets in the main Asian markets registered rises during the session on Tuesday after the turbulence caused the day before by the banking crisis in the United States and Switzerland.
Investors followed the positive trend in the US Wall Street market, which on Monday closed in green and its main indicator, the Dow Jones Industrials, rose 1.20% when fears of a contagion similar to that of the crisis seem to have subsided. 2008 financial
Over the weekend, the Swiss bank UBS reached an agreement, with the support of the Swiss authorities, to acquire its competitor Credit Suisse, involved in a crisis of confidence that has plunged its share price on the market, and thus send a message of solidity .
In the semi-autonomous region of Hong Kong, one of the main financial centers in Asia along with Singapore, the Hang Seng index increased 174.33 points, or 0.92%, and stood at 27,410.50 integers.
In South Korea, the selective Kospi of the Seoul Stock Exchange climbed 10.95 points, equivalent to 0.46%, reaching 2,390.15 units, while in India the Sensex composite indicator expanded 224.11 points, 0 .39 percent, up to 57,853.06 integers.
In Southeast Asia, the main stock markets also rose, with increases of 1.08% in the Singapore STI index, 0.73% in the Jakarta JCI index, 0.44% in the Kuala Lumpur selective KLCI and 0.64% in the Bangkok SET.
The Tokyo indicators, which registered considerable losses the day before, did not operate today because it is a holiday in Japan.
Bankruptcy of entities in the US and Switzerland
The current banking crisis was triggered in the United States when some entities went bankrupt, including Silicon Valley Bank (SVB) on March 10 and, two days later, the Signature Bank, exposed to cryptocurrencies.
The fall in the SVB, exposed to technology companies and affected by the fall in value of Treasuries due to the rise in interest rates, is the largest failure of a bank in the United States since the collapse of Washington Mutual in 2008.
Credit Suisse, one of the banks least affected by the crisis of 15 years ago but involved in various financial scandals, fell 25% on the stock market on March 15, which caused fears of contagion and that the Swiss National Bank granted it a loan of 54,000 million dollars.