Asian markets settled mixed on Monday ahead of key US inflation, GDP prints and labor market data due later in the week to gauge the possibility of further interest rate cuts by the US Federal Reserve. Japanese shares rallied after the country's ruling Liberal Democratic Party lost its majority in Parliament's lower house in weekend elections and as a weaker yen lifted exporters. Chinese shares gained, despite data showed that China's industrial profits in September dropped at its fastest pace since the pandemic. Meanwhile, Seoul shares rose on the back of gains in the technology sector.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,322.20 | 22.50 | 0.68 |
| Hang Seng | 20,599.36 | 9.21 | 0.04 |
| Jakarta Composite | 7,634.63 | -60.03 | -0.79 |
| KLSE Composite | 1,610.47 | -7.83 | -0.48 |
| Nikkei 225 | 38,605.53 | 691.61 | 1.79 |
| Straits Times | 3,584.08 | -9.33 | -0.26 |
| KOSPI Composite | 2,612.43 | 29.16 | 1.12 |
| Taiwan Weighted | 23,198.07 | -150.38 | -0.65 |
