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Most Asian stock markets rise after Wall Street loss

Chinese stocks declined Thursday after a survey showed manufacturing weakening while other Asian markets gained after Wall Street fell for a second day.

KEEPING SCORE: The Shanghai Composite Index lost 0.5 percent to 3,102.21 while Tokyo's Nikkei 225 gained 1 percent to 19,854.27. Hong Kong's Hang Seng advanced 0.4 percent to 25,752.44 and Seoul's Kospi shed 0.1 percent to 2,344.29. Sydney's S&P-ASX 200 gained 0.2 percent to 5,733.90 and benchmarks in New Zealand, Taiwan and Southeast Asia also advanced.

WALL STREET: U.S. stocks fell on a sharp drop for banks and a rare loss for tech companies. That offset gains for drug makers and consumer-focused companies. Banks fell after executives from JPMorgan Chase and Bank of America said their trading businesses are having a rough second quarter. Energy companies fell with oil prices. Investors picked consumer-focused companies, drug makers and high-dividend utilities and household goods companies. The Standard & Poor's 500 index lost less than 0.1 percent to 2,411.80. The Dow Jones industrial average dropped 0.1 percent to 21,008.65.

Global stocks mostly higher as China falls

Global stock markets were mostly higher Thursday following Wall Street's decline while Chinese stocks fell after a survey showed manufacturing activity weakening.

KEEPING SCORE: France's CAC-40 gained 0.5 percent to 5,308.60 and Germany's DAX advanced 0.4 percent to 12,660.42. London's FTSE 100 retreated 0.3 percent to 7,543.86. On Wednesday, the DAX gained 0.1 percent while the FTSE 100 shed 0.1 percent and the CAC-40 lost 0.4 percent. On Wall Street, futures for the Dow Jones industrial average and Standard & Poor's 500 index were up just under 0.1 percent.

ASIA'S DAY: The Shanghai Composite Index lost 0.5 percent to 3,102.62 while Tokyo's Nikkei 225 advanced 1.1 percent to 19,860.03. Hong Kong's Hang Seng rose 0.5 percent to 25,779.34 and Sydney's S&P-ASX 200 added 0.2 percent to 5,738.10. South Korea's Kospi shed 0.1 percent to 2,344.61 and India's Sensex was unchanged at 31,155.89. Benchmarks in New Zealand, Taiwan and Singapore rose while Bangkok retreated.