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Market Update

Shanghai Drags Asia Down; Sensex Bucks Trend

Most Asian markets logged sharp losses Monday after a number of negative data points from both China and Japan.

The Nikkei fell 1%. The Shanghai Composite slumped 2.9% while the Hang Seng dropped 1.7%. The Sensex bucked the trend, up 0.1% % while the All Ordinaries was down 0.8%.