Asian markets settled mostly higher on Monday on signs of recovery in the world's second-largest economy after China’s Caixin reported a manufacturing PMI score of 53.6, beating the expectation of 52.8 and up from 53.0 in September. Japanese shares ended higher as the yen weakened against the US dollar, while reports showed the manufacturing sector in the country contracted at a slower pace in October. Further, South Korean shares ended higher after data showed an improvement in factory activity, with investors getting set for a volatile week ahead due to the US presidential election and a Federal Reserve policy meeting.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,225.12 | 0.59 | 0.02 |
Hang Seng | 24,460.01 | 352.59 | 1.46 |
Jakarta Composite | 5,115.13 | -13.10 | -0.26 |
KLSE Composite | 1,466.46 | -0.43 | -0.03 |
Nikkei 225 | 23,295.48 | 318.35 | 1.39 |
Straits Times | 2,443.13 | 19.29 | 0.80 |
KOSPI Composite | 2,300.16 | 33.01 | 1.46 |
Taiwan Weighted | 12,591.31 | 44.97 | 0.36 |
