Asian shares recouped some of their recent steep losses on Monday as beaten-down Chinese markets drew retail bargain hunters, while stellar US earnings and progress on an infrastructure bill supported Wall Street futures.
Australian stocks hit a record, helped by Square Inc’s $29 billion bid for buy now, pay later (BNPL) pioneer Afterpay Ltd.
MSCI’s broadest index of Asia-Pacific shares outside Japan was last up 0.8%, having hit its low for the year so far last week.
Japan’s Nikkei bounced back 1.8%, but that was from its lowest since January.
News Source:- Moneycontrol