Asian stock markets were mostly higher Monday, shrugging off weak Chinese economic data.
As of the midday break at 0230 GMT in Tokyo, the Nikkei Stock Average was 1.8% higher as traders searched for bargains after steep selling last week pushed the index to a six-week low.
In Korea, the Kospi was up 0.3%, while Shanghai added 0.4%, Hong Kong’s Heng Seng index was up 1.1%, and Singapore rose 0.9%.
The dollar also ticked higher from its prior range--a boon for regional exporters. It was last seen changing hands at ¥102.52 at 0230 GMT
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As of the midday break at 0230 GMT in Tokyo, the Nikkei Stock Average was 1.8% higher as traders searched for bargains after steep selling last week pushed the index to a six-week low.
In Korea, the Kospi was up 0.3%, while Shanghai added 0.4%, Hong Kong’s Heng Seng index was up 1.1%, and Singapore rose 0.9%.
The dollar also ticked higher from its prior range--a boon for regional exporters. It was last seen changing hands at ¥102.52 at 0230 GMT
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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