Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, with markets in Japan, Taiwan and South Korea surging, as traders remained cautious and shrugged off the uncertainty prevailing around the second round of peace talks between the U.S. and Iran. Traders also indulged in some bargain hunting after the recent war-related slump in the markets. Asian markets closed mixed on Friday.
The Australian stock market is notably lower on Monday, extending the losses in the previous four sessions, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,800.00 level, with weakness across most sectors led by energy and financial stocks.
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