Global markets today: Asian markets opened on a mixed note on Monday, following gains on Wall Street where all three major U.S. indexes advanced on Friday.
Futures for Hong Kong’s Hang Seng Index were at 25,975, slightly below the previous close of 25,906.65. South Korea’s Kospi rose 1.04 per cent, and the Kosdaq added 0.51 per cent at the open.
Meanwhile, Australia’s S&P/ASX 200 began the session 0.4 per cent lower. The Reserve Bank of Australia kicked off its two-day policy meeting today, with analysts expecting it to keep rates unchanged after third-quarter inflation came in hotter than anticipated.
Japanese markets are shut for a public holiday.
Across the region, investors are awaiting China’s latest manufacturing data, as RatingDog releases its October purchasing managers’ index. Official PMI figures from the National Bureau of Statistics showed China’s manufacturing activity fell to 49.0 in October — its lowest level in six months.
(This is a developing story)
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