Shanghai stocks hit a three-month high on gains for technology and resource stocks, while India’s equity market extended a recovery from its recent inflation- induced correction.
The FTSE Asia-Pacific index edged back 0.1 per cent to 268.37 as political tensions across North Africa and the Middle East led to investor caution elsewhere in the region.
But China’s markets largely shrugged off the effects of Friday’s increase in banking reserve ratio requirements by Beijing, the Shanghai Composite rising 1.1 per cent to 2,932.25.
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