Asian Stocks Closed Higher

Asian stocks rose despite weak trading volumes due to year-end holidays on Monday. The rise came thanks to US President Donald Trump’s signature of the coronavirus aid package.

The MSCI Asia Pacific Index outside of Japan rose 0.40%, while the Japanese Nikkei 225 index gained 0.60% early Monday.

US President Trump surprised world markets by signing the long-awaited aid package and avoiding a US government shutdown.

The president of the White House had previously asked Congress to support salaries of about $ 2,000 to allow the stimulus bill to become law.