Asian markets open higher after stronger-than-expected manufacturing data
Regional indices rose more than 1% as factory output figures pointed to a recovery in export demand.
By SKAAH Media Webdesk, Newsroom
· 2 min read
Stock markets across Asia opened higher on Friday after manufacturing surveys pointed to a stronger-than-expected recovery in export orders.
Technology and industrial shares led the gains, while currencies across the region strengthened against the dollar.
Analysts said the data eased fears of a prolonged slowdown in global trade, although they cautioned that one month of figures does not make a trend.
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