Renewed Dose of Optimism Takes Asian Stocks to Seven-Week High
Monday, 21 January 2019 16:31 WIB | MARKET UPDATE |MSCI Asia PacificSaham Asia Indeks MSCI Asia Pasifik

Chinese economic data proved enough for Asian stocks to extend a rally underpinned by optimism around trade talks between the world's two biggest economies.

Signs of stabilization suggest China's efforts to arrest the economic slowdown are working. On Monday, the Shanghai Composite Index advanced as much as 0.9 percent as the MSCI Asia Pacific Index headed for its highest close since early December.

Australia's S&P/ASX 200 up 0.2%; New Zealand's S&P/NZX 50 up 0.6%, South Korea's Kospi index little changed; Kospi 200 little changed, Taiwan's Taiex index up 0.5%.

Singapore's Straits Times Index little changed; Malaysia's KLCI up 0.5%; Philippine Stock Exchange down 0.5%; Jakarta Composite little changed; Thailand's SET up 0.5%; Vietnam's VN Index up 1%.

Source: Bloomberg

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