Asian shares edge up ahead of China services data as the Turkish lira tumbles

Asian Market 1

Asia markets edged up early on Monday as investors in Asia awaited the release of China Caixin services PMI.

The S&P/ASX 200 rose 0.71 percent on broad-based gains across its sub-indexes. Major miners and gold stocks made significant gains: Rio Tinto was up 1.55 percent and Alacer Gold rose 3.14 percent. The energy sub-index underperformed the broader market, trading 0.01 percent below the flat line.

With Japan, South Korea and Taiwan markets closed for public holidays, investors are expected to turn their attention to China data as mainland markets resume trade after the week-long “Golden Week” holiday.

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Epic Research
Epic Research - Investment Adviser is a leading financial services provider with presence in Indian and other global capital markets. Call on - 0731-664-2300