Asian indexes edged down on Monday despite the firmer lead from Wall Street last week.

Global markets at a glance
U.S. stocks were little changed on Wednesday, with telecom services shares among the biggest movers while the energy sector rose in line with gains in crude oil. Verizon and AT&T rose 2.0 percent and 1.6 percent respectively on bets they will benefit from the U.S. government's plan to rescind net neutrality rules put in place by the Obama administration."They would be allowed to charge the originators of the data to more accurately reflect the speed and the volume of data.

MACRO NEW
Technology stocks led the S&P 500 and Nasdaq to record closing highs on Friday, with the S&P ending above 2,600 points for the first time. The Dow rose
31.81 points, or 0.14 percent, to 23,557.99, while the S&P gained 5.34 points, or 0.21 percent, to 2,602.42. The Nasdaq added 21.80 points, or 0.32 percent, to 6,889.16 .

Asian indexes were mixed on Monday, with Japanese and Australian markets notching slight gains in early trade. The Kospi was 0.3 percent lower. The S&P/ASX 200 tacked on 0.39 percent while Japan's Nikkei 225 rose 0.31 percent in early trade, CNBC reported.

STOCKS IN NEWS
SEBI imposes Rs10 lakh fine on Aditya Birla Money .
Biocon unveils new biosimilar bevacizumab - Hindu Business LineSunteck to invest Rs 1500 crore in commercial leasing portfolio.

COMMODITY ROUNDUP
The buying of physical gold remained muted across major Asian centres this week as higher prices dented demand,though seasonal demand could boost activity in top consumer China next month.In China, gold was sold at a premium of $5-$9 an ounce over the global benchmark, down from the $7-$10 last week.Though demand in China is fairly tepid at present, it could see an uptick in the first half of December, Poon added.

CURRENCY MARKET UPDATE
The dollar fell to its lowest since late September against a basket of currencies on Friday as investors grew optimistic about the strength of the euro zone's recovery and lost appetite for the greenback.The euro hit its highest since Sept. 25 against the dollar, up 0.65 percent on the day and more than 1 percent for the week. It was the single currency's third straight week of gains, its best run since July, and second straight 1 percent weekly gain.

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