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China leads Asian markets

Asian shares mixed Monday as investors looking for updates on the signing of a trade deal between the U.S. and China and kept a wary eye on North Korea.

In North Korea, Kim has set an end-of-year deadline for the U.S. to make major concessions to salvage fragile nuclear diplomacy that hit a major setback at a summit meeting with President Donald Trump in Vietnam’s capital Hanoi. (Reuters)

The mainland Chinese markets finished today’s session in the green. The Shanghai Composite rose by 1.16 percent to settle at 3,040.02 boosted by all sectors but most gains were in Basic Materials and Consumer Non-Cyclicals sectors.

Moreover, Hong Kong’s main index Hang Seng was positive on Monday and finished the session at 28,319.39.

South Korea's main index (Kospi) declined by 0.30 percent on Monday and closed at 2,197.67, dragged by the losses in the Technology and Financials sectors.

 

Japanese Stock Market:

Japanese stocks closed lower on Monday, as the primary index NIKKEI 225 slipped by 0.76 percent to finish the session at 23,656.62. Dragged by the losses in all sectors.

In stocks pace, Toyobo Co Ltd. Was the best performer in today’s session with positive change by 1.65 percent, while Nissan Chemical Corp was the worst performer in today’s trading session as its stock fell by 2.65 percent.

In the Forex pace, the Japanese Yen stood against the buck and traded at 109.114 at 9:00 GMT.

 

Australian Stock Market:

Australia’s S&P/ASX200 index finished the session lower at 6,804.9 on Monday. Affected by the losses in the Industrials and Telecom sectors dropped by 1.25 and 0.55 percent, respectively.

In stock news, Pilbara Minerals Ltd. was the best performer of the session as the share jumped higher by 9.43 percent. Meanwhile, Sydney Airport Holdings Pty. Ltd. was the worst performer in today’s session and closed lower by 4.25 percent.

In the Forex space, the Aussie overpowered the Greenback to trade at 0.69947 at 9:00 GMT.

 

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