AUS
NZ
UK
CA
USA
IND
Summary
- Monday morning was a mixed bag for APAC markets.
- Taiwan weighted index is down 1.63% -- the worst performer.
- Dow Jones New Zealand is up 1% -- the best performer.
The Asia Pacific share markets opened on a mixed note on Monday, as investors awaited Chinese industrial production and retail sales numbers for the month of April.
In Mainland China, the Shanghai Composite Index was up 45 basis points (bps), while FTSE China A50 was up 5 bps. The country would be releasing its two key economic datasets at around 10:00 AM HK/SIN on Monday.
In the Chinese autonomous region of Hong Kong, the Hang Seng Index was up 52 bps.
On the contrary, in neighbouring Taiwan, the shares were worst hit in the region as Taiwan Weighted Index was down 1.63%.
In Japan, Nikkei225 was down 63 bps, while South Korean KOPSI was also down 6 bps.
New Zealand markets, which were in red for most of the last week, are seeing a turnaround this week, with Dow Jones New Zealand up 100 bps. On the other hand, in neighbouring Australia, the ASX200 was up 54 bps in the early morning trade.
Meanwhile, Morgan Stanley Capital International’s APAC Index except for Japan was trading higher by 90 bps.
Investors would be keenly watching out for Chinese macros to be announced later in the day, along with the COVID-19 situation in India.
