Asia markets trade primarily greater as financiers return from vacation

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Asia markets trade mostly higher as investors come back from long weekend

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MUMBAI, MAHARASHTRA, INDIA – 2022/10/06: People are seen taking pictures of the City of Mumbai horizon. (Photo by Ashish Vaishnav/ SOPA Images/Li ghtRocket through Getty Images)

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Asia-Pacific markets were primarily greater on Monday as some financiers returned from a long Easter weekend.

South Korea’s Kospi got 0.87% to end at 2,51208 and led gains amongst the benchmark indexes in the area. The Kosdaq index likewise advanced 0.88% to complete at 887.78

Japan’s Nikkei 225 closed 0.42% greater at 27,663, with the Topix was up 0.56% to end the day at 1,97653

In mainland China, the Shanghai Composite was down 0.37% to 3,31536, while the Shenzhen Component fell 0.8% to 11,87193

Australian and Hong Kong markets stayed closed due to a four-day Easter vacation till Monday.

India will launch its financial deficit figures for March, along with its March trade information, while Indonesia’s retail sales for February will likewise be out.

Last week, U.S. stocks finished up a brief trading week on Thursday with all 3 significant indexes publishing gains.

The S&P 500 increased 0.36%, while the tech-heavy Nasdaq Composite exceeded with a 0.76% gain, enhanced by an increase in Alphabet and Microsoft shares.

The Dow Jones Industrial Average inched up partially 2.57 points greater to 33,48529 after losing more than 150 points at its session low.

— CNBC’s Yun Li and Alex Harring added to this report