The Asian markets opened on a strong note with all the indices starting the week in the green. These gains were on the back of strong performance in the U.S. equity markets on Friday, when a better-than-expected ISM reading sparked optimism on the state of U.S.manufacturing.
The top gainers for the day are Hang Seng, Nikkei and Seoul Composite advancing over 1% each.
Japan’s Nikkei Stock Average rose on account of a strong performance by the auto makers and banks. After a three day weekend, Hong Kong stocks rallied sharply, with exporter, real-estate and financial shares leading the gains.
The other noteable gainers are Shanghai Composite, Taiwan Weighted and Straits Times gaining in the range of 0.6-0.9%
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