Stock Groups

China October exports growth, oil and currencies

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SINGAPORE — Shares in Asia-Pacific were mostly lower in Monday morning trade as investors react to China’s trade data released over the weekend.

South Korea KospiLed to losses in the major regions’ markets with a drop of 1.19%

The stocks of mainland Chinese were also less than expected, due to the Shanghai compositeThis is a decrease of 0.1% compared to the Shenzhen componentThe decline was 0.231% Hong Kong Hang Seng indexIt dropped by 0.7%

It Nikkei 225Japan trades 0.2% less while Topix fell fractionally. Australian stocks also fell, while the Topix index was down fractionally. S&P/ASX 200The drop is 0.17%

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Taiwan is also available elsewhere TaiexThe was 0.133% lower than the Straits Times indexSingapore saw an increase of 0.82%.

MSCI’s Asia-Pacific stock index outside Japan was 0.38% smaller.

According to official data, China’s October exports grew by 27.1% compared to a year earlier. This was more than the predicted 24.5% increase by analysts according to a Reuters poll.

More than 1 % increase in oil prices

Petroleum prices rose in the early hours of Asia trade, due to international benchmarks Brent crude futuresUp to 1.52% to $84 Per Barrel U.S. crude futures1.45% increase to $82.45 per barrel

It U.S. dollar indexThe indices that track the greenback in relation to a basket of peers were at 94.279, after recent declines from levels above 94.5.

It Japanese yenIt traded at 113.58 USD, which is higher than levels of above 114 against the greenback last Wednesday. The Australian dollarAfter last week’s decline from over $0.75, the exchange rate was $0.7392.

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