Mixed results in Asian stocks on steady Yuan

Source: Marketwatch
© ScanPix/Reuters
Equity markets in Asia showed mixed results on Monday as relative stability in the Yuan decreased concerns over further China's currency devaluation. The Shanghai Composite Index was up 0.73%, while the smaller Shenzhen Composite rose 0.6%. Elsewhere, the Hang Seng Index declined 0.74%, while South Korea's Kospi dipped 0.75%. In Japan, the Nikkei rose 0.49% as disappointing growth boosted hopes of a stimulus.
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