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Asian markets mostly up

AFP, Hong Kong
Asian markets were broadly higher Monday as dealers welcomed news that the US economy contracted at a slower than expected pace in the sec ond quarter.
TOKYO: Flat.The Nikkei-225 slipped •1.36 points, or 0.04 percent, to 10.352.47,
HONG KONG: Up 111 percent. The Hang Seng Index rose 233.93 points to 20.807.26.
The market is at its highest since September 8 after a boost from the mainland's stocks.
The lender had ended up 0.8 percent at 77.701 long Kong dollars.
SYDNEY: Up 0.46 percent. The S&P/ASX 200 was 19.4 points higher at 4.263.4.
SHANGHAI: Up 1,48 percent. I he Shanghai Composite Index, which covers A and B shares, was up 50.53 points at 3,462.59.
The key index ended at its highest since May 23, 2008, when it closed at <. 1/1 09
TAIPEI: Down 0.30 percent. The weighted index fell 21.00 points to 7,056.71.
SEOUL: Up 0.49 percent. The KOSPI gained 7.69 points to close at 1,564.98.
The market is at Its highest point so far this year.
SINGAPORE: Up 0.84 percent. The main Straits Times Index rose 22.44 points to 2,681.64.
JAKARTA: Up 0.67 percent. The Jakarta Composite Index gained 15.57 points to2,338.80.
On-year inflation eased to 2.71
percent in July from 3.65 percent a month earlier, leading to hopes that Interest rates may be cut soon.
KUALA LUMPUR: Down 0.31 percent. The Kuala Lumpur Composite Index lost 3.59 points at 1,171.31.
BANGKOK: Up 2.79 percent. The Stock Exchange of Thailand added 17.43 points to close at 64 1.43.
MANILA: Up 1.31 percent. The composite Index added 36.78 points to 2,835.11.
WELLINGTON: Up 1.04 percent. The NZX-50 rose 31.65 points to 3,047.85.
MUMBAI: Up 1.62 percent. The 30-share Sensex rose 253.92 points to 15,924.23.
The index is at its highest level since June 3 last year.