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Stocks in Asia Rise as Traders Await Economic Figures

The stock market in Asia displayed positive performance, with Chinese equities leading the way, as traders eagerly anticipated the release of several important economic indicators in the upcoming days. These figures are expected to provide valuable insights into the future course of action for global central banks.

Major indexes in the Asian region experienced gains, contributing to an overall increase of 0.8% in the Asian equity market. The Hang Seng Index, in particular, extended its previous day’s rally, while China’s stocks outshined others, with the Hang Seng China Enterprises Index recording a remarkable rise of over 2%. In response to these developments, futures contracts for European and US shares also registered a slight boost, following the S&P 500’s first consecutive rise in the month of August.

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