Most asian markets advance

Most Asian equities markets saw gains on Monday, with Karachi the main exception among emerging economies.

In South Korea, the Kospi Index added 0.5 percent to 1,329.22 as foreign buyers purchased more than they sold for the first time in 14 trading days. The Hang Seng in Hong Kong added 0.4 percent to 15,963.77 despite caution in anticipation of the beginning of trade by the Bank of China, scheduled for Thursday. The BSE Sensex index in Mumbai added 0.4 percent to 10,853.14 on advances in the transportation sector. In Karachi, Pakistan, however, the KSE-100 lost 3.9 percent to 10,247.59 as foreign fund managers sold heavily.

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