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Australia Asx 200

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finance1 year ago

Asian Markets Slide After Weak China GDP and Trump Shooting

Asian stocks dipped on Monday due to weak GDP growth in China and political uncertainty in the U.S. following an assassination attempt on former President Donald Trump. Despite low trading volumes due to a Japanese market holiday, losses were limited by positive cues from Wall Street. Chinese markets were flat, with Hong Kong's index down 1.1% amid disappointing economic data. Australia's ASX 200 outperformed, reaching record highs driven by gains in banks and mining stocks.