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Asia markets extend gains ahead of business activity figures from around the region

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Purchasing managers index figures will be announced by S&P Global for Australia, Japan and India for March, as well as inflation figures for Singapore

Asia-Pacific markets extended gains from Monday as tech shares rebounded on Wall Street and investors look toward flash business activity figures from Australia, Japan and India.

Manufacturing PMI climbed to 49.9 from 47.3, just shy of the 50 mark that separates expansion from contraction, while services PMI slipped slightly to 54.2 from 54.4.CNBC Pro: 'Bargain' energy stocks: Morningstar strategist picks 5 to buy as oil prices slide It was among the laggards last year, but things have turned around with many stocks now trading near all-time highs.

However, he did say there were"selective bargains" in the market currently and revealed five stocks in the energy space he likes right now.

 

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