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The majority of the major Asia-Pacific.......>

STOCKS
STOCKS: The majority of the major Asia-Pacific equity markets followed the
positive lead of their global counterparts, after the latter benefitted from a
wider than expected headline Chinese trade surplus, in addition to Chinese
credit/lending data that also topped exp., back on Friday.
- The Nikkei 225 has hit levels not seen since December, while the Shanghai
Composite outperformed before fading a touch (this comes after Chinese stocks
struggled last week). The aforementioned data releases supported China's
financial sector and also allowed the Hang Seng to move into bull market
territory. Warmer trade tones, and source reports surrounding U.S.-China trade
matters also helped to support the space.
- The ASX 200 struggled with the health care and utilities sectors providing the
largest drags on the benchmark.
- Nikkei 225 +1.5%, Hang Seng +0.6%, CSI 300 +1.5%, ASX 200 -0.1%.
- U.S. equity index futures operate around unchanged levels.
- S&P 500 -2, DJIA +11, NASDAQ 100 -6.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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