Dubai – Mubasher: Asian stock markets were mixed during Monday’s trading, after China showed that its economy is steadying.
China's activity data was stronger than expected in November, with factory output growth picking up to a five-month high, signalling that a flurry of stimulus measures from Beijing may have put a floor under a fragile economy.
Shanghai Index rose by 2.52% to 25,177 points, while Hang Seng shut 0.27% lower at 21,310 points.
Singapore Index drifted 1.05% lower, while Asia Dow Jones slipped by 1.15%.
Japan’s Nikkei moved 1.81% lower to close at a one-month low.
