Asean markets rise as China factory activity rebounds


SINGAPORE: Southeast Asian stock markets rose on Tuesday as data showed China factory activity unexpectedly expanded in March after contracting to a record low in the previous month even though the coronavirus pandemic showed few signs of abating.

China's official Purchasing Managers' Index rose to 52 in March from a collapse to a record low of 35.7 in February, but analysts cautioned the index might overstate the true improvement as firms could be reporting expansion after a forced stoppage.

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