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Stocks dropped on Friday, pulled lower by an unexpected fall in jobs in August and a large institution's big trade moving money from stocks to bonds, traders said.
Tokyo's benchmark stock index rose more than 3 percent Monday to close at its highest point in over a year after encouraging U.S. economic reports sparked hopes of an economic turnaround.
Philippine shares closed higher Monday, with bargain-hunting lifting a clutch of blue chips despite lingering concerns over the political and security situation, traders said.
US stocks edged higher and bonds fell on Friday,in quiet trading ahead of the US Labor Day holiday weekend,on news of surprisingly strong growth in manufacturing in the Midwest.
Philippine shares ended lower Wednesday on renewed security concerns after troops and police were deployed to protect a historic shrine in Manila from protesters, traders said.
US stocks sagged on Friday, eroding strong gains made earlier this week as investors cashed out after a sharp morning rally sparked by upbeat forecasts from the world's largest microchip maker, Intel Corp.
A RALLY on Wall Street that pushed the Dow Jones Industrial Average to its highest level in 14 months fuelled another strong day in Asia yesterday and, in the process, drove the KLSE Composite Index (CI) past the 730-point level to its highest in nearly a year.
Tokyo stocks advanced Tuesday, continuing their climb from a near 12-month high the previous day and on the heels of an overnight rally on Wall Street.
Philippine shares ended higher Tuesday, buoyed by bargain hunting in select issues following a rise on Wall Street, traders said.
US stocks rose slightly on feather-light volume on Friday, as Wall Street regrouped after the biggest-ever power outage in North America.