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Asian stocks rised excluding South Korea

According to the breaking news, Asian stock markets followed a buying-heavy course on the last trading day of the week, while the Kospi index in South Korea diverged negatively.

Asian stocks rised excluding South Korea

It was observed that the positive mood in the global markets, after the agreement on the debt limit in the USA, continued with a positive trend in the Chinese stock market, which was opened today after a long holiday, contrary to expectations.


Although the existence of debt crisis concerns in the real estate sector in China brought sales to the Hong Kong stock market, it was observed that the losses were compensated close to the closing and the index started to rise, while the South Korean stock market diverged negatively. remained below, and the foreign trade balance gave a deficit despite the surplus expectations. China's service sector Purchasing Managers Index (PMI) rose to 53.4, recovering from historical lows of 46.7 last month.

The Reserve Bank of India did not change the policy rate of 4 percent in line with the expectations. With these developments, Shanghai composite index in China increased by 0.7 percent to 3,592 points, Kospi index in South Korea decreased by 0.1 percent by 2,956 points and S&P/ASX in Australia at the close. The 200 index rose 0.9 percent to 7,320 points. In Japan, the Nikkei 225 index increased by 1.3 percent to 28,049 points, while the dollar/yen parity gained 0.3 percent and stabilized just below the 112 level. Hong Kong's Hang Seng index was up 0.1 percent at 24,735 points, and India's Sensex index was up 0.5 percent at 59,955 points.

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