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Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from global markets on Friday, as traders react to the latest batch of earnings news from big-name companies. Materials, energy and technology stocks are also providing support to the markets. Asian markets closed mostly lower on Friday.
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Sensex, Nifty Seen Tad Higher At Open After Wall Street Rally
Indian shares look set to open higher on Monday after the major U.S. averages recorded their best monthly gains since 2020 in July.
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Japanese Market Modestly Higher
The Japanese stock market is modestly higher on Monday, recouping the losses in the previous session, with the Nikkei 225 moving above the 27,900 level, following the broadly positive cues from global markets on Friday, even as the steady surge in the fresh wave of COVID-19 infections with the BA.5 omicron variant puts strain on hospitals.
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Thai Stock Market Poised To Return On The Upside
Ahead of the long holiday weekend in observance of King Maha's birthday, the Thai stock market had rebounded - one session after snapping the four-day winning streak in which it had collected more than 25 points or 1.7 percent. The Stock Exchange of Thailand now rests just above the 1,575-point plateau and it's expected to add to its winnings on Monday.
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Indonesia Shares Set To Bounce Higher Again On Monday
The Indonesia stock market on Friday snapped the three-day winning streak in which is had picked up almost 100 points or 1.5 percent. The Jakarta Composite Index now sits just above the 6,950-point plateau although it may find renewed support on Monday.
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China Manufacturing Sector Fades In July - Caixin
The manufacturing sector in China continued to expand in July, albeit at a slower pace, the latest survey from Caixin revealed on Monday with a manufacturing PMI score of 50.4.
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Australian Market Modestly Higher
The Australian stock market is modestly higher on Monday, extending the gains in the previous four sessions, with the benchmark S&P/ASX 200 below the 7,000 mark, following the broadly positive cues from global markets on Friday, with gains in materials, energy and technology stocks, partially offset by weakness in financial stocks.
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more news
South Korea Manufacturing Sector Sinks Into Contraction - S&P Global
The manufacturing sector in South Korea fell into contraction territory in July, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 49.8.
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Taiwan Manufacturing PMI Drops To 44.6 In July - S&P Global
The manufacturing sector in Taiwan continued to contract in July, and at a faster pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 44.6.
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Myanmar Manufacturing PMI Sinks To 46.5 In July - S&P Global
The manufacturing sector in Myanmar continued to contract in July, and at a faster pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 46.5.
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Indonesia Manufacturing PMI Climbs To 50.6 In July - S&P Global
The manufacturing sector in Indonesia continued to expand in July, and at a faster pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 51.3.
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Hong Kong Bourse Poised To End Losing Streak
The Hong Kong stock market has finished lower in three straight sessions, slumping more than 750 points or 3.8 percent along the way. The Hang Seng Index now sits just above the 20,150-point plateau although it's tipped to stop the bleeding on Monday.
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Malaysia Manufacturing PMI Improves To 50.6 In July - S&P Global
The manufacturing sector in Malaysia continued to expand in July, and at a faster pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 50.6.
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