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Asia Recovers Monday

Asia-Pacific markets closed in broadly positive territory on Monday, amid a tech rebound and Taiwanese and Japanese stock gains.

The Nikkei 225 began its comeback Monday from several consecutive days of losses, gathering 1,340.73 points, or 2.3%, to 58,775.50.

In Hong Kong, the Hang Seng index shied away 32.91 points, or 0.1%, to 24,448.95.

Taiwan’s index was powered by gains in tech heavyweights Taiwan Semiconductor Manufacturing Company and Hon Hai Precision Industry — also known as Foxconn.

In other markets;

Markets in Singapore were closed for holiday

In Shanghai, the CSI eked up 1.83 points, or 0.1%, to 4,056.11.

In Taiwan, the Taiex index regrouped 1,960.06 points, or 4.9%, to 41,661.70.

In Korea, the Kospi index stumbled 40.84 points, or 0.8%, to 5,017.85.

In New Zealand, the NZX 50 retreated 24.88 points, or 0.2%, to 13,973.62

In Australia, the ASX 200 edged ahead 8.99 points, or 0.1%, to 9,029.69