Fri. Oct 30th, 2020

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Asia-Pacific markets are miscellaneous

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Asia-Pacific stocks

Stocks in Asia-Pacific mostly advanced in Monday morning trade, as investors monitor the Chinese yuan’s movements.

Mainland Chinese stocks were among the biggest gainers regionally, with the Shanghai composite up 1.13% while the Shenzhen component jumped 1.356%. Hong Kong’s Hang Seng index also surged 1.56% while shares of Chinese tech juggernaut Tencent soared more than 2%.

South Korea’s Kospi rose 0.62% as shares returned to trade following a Friday holiday.

Meanwhile, shares in Australia were higher, with the S&P/ASX 200 up 0.24%. In Japan, the Nikkei 225 bucked the trend and slipped 0.16% while the Topix index shed 0.13%.

MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.75% higher.

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