Asia-Pacific markets trade mixed ahead of PMI data from China
An employee works on the production line of power batteries and box chassis for new energy vehicles at a workshop on July 11, 2025 in Huaibei, Anhui Province of China.
Li Xin | Visual China Group | Getty Images
Asia-Pacific markets opened mixed Monday, after Wall Street saw all three U.S. major indexes climb Friday stateside.
Investors in Asia will be watching manufacturing activity figures out from China later today, as RatingDog publishes its purchasing managers index for October.
Economists from Reuters expect the reading to come in at 50.9, slightly lower than September’s 51.2.
The official PMI numbers out of the National Bureau of Statistics showed that China’s manufacturing activity in October shrunk to its lowest level in six months, coming in at 49.0.
Hong Kong’s Hang Seng index futures were at 25,975, higher than the HSI’s last close of 25,906.65.
South Korea’s Kospi was up 1.04%, while the small-cap Kosdaq gained 0.51% at its open.
Australia’s S&P/ASX 200 started the day 0.4% down.
The country’s central bank starts its two-day monetary policy meeting today, with economists expecting a hold from the Reserve Bank of Australia after inflation readings came in hotter than expected for the third quarter.
Japan’s markets are closed for a public holiday.
On Friday in the U.S., the tech-heavy Nasdaq Composite advanced 0.61% at 23,724.96, while the S&P 500 gained 0.26% to reach 6,840.20. The Dow Jones Industrial Average closed marginally higher at 47,562.87.
—CNBC’s Sean Conlon and Pia Singh contributed to this report.
