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Asian stocks slide in quiet start to week

Asian markets were trading mostly lower on Monday morning, with retailers rising while commodity stocks fell. Traders will be looking ahead to the US session when inflation data is due to be released and New York Federal Reserve Bank of New York President William Dudley is due to speak.

Hong Kong and Korea markets were shut due to public holidays.

Japan's benchmark Nikkei 225 index fell 1.01% to 17,699.90 points within the first hour of trade on Monday, while Tokyo's broader Topix gauge slipped 0.55% to 1,445.81 points, with more than 1,000 shares on the index trading without the right to the next dividend.

China's benchmark Shanghai Composite opened 0.22% lower at 3,085.57 points on Monday morning.

The benchmark Australian S&P/ASX 200 index rose 0.65% to 5,075.00 points in Sydney, with Australia's biggest lenders supporting the index.

New Zealand's benchmark S&P/NZX 50 index was little down at 5,685.56 points this afternoon in Wellington.

 

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