SINGAPORE — Shares in Asia-Pacific were mixed Monday morning — the final trading day of January, with markets in mainland China and South Korea closed for the Lunar New Year eve.
The Nikkei 225 in Japan rose 0.39% while the Topix index climbed 0.39%.
Over in Australia, the S&P/ASX 200 declined fractionally.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.09% lower.
Regionally, markets in Hong Kong and Singapore are also set to close early on Monday ahead of the Lunar New Year holidays.
China factory activity data
Official data released Sunday showed Chinese factory activity growth slowing in January. The country’s official manufacturing Purchasing Managers’ Index for January was at 50.1, just above the 50 level that separates growth from contraction. January’s reading compared against December’s figure of 50.3.
Meanwhile, a private survey released over the weekend showed Chinese manufacturing activity contracting in January. The Caixin/Markit manufacturing PMI came in at 49.1 for the month.
PMI readings are sequential and represent month-on-month expansion or contraction.
Currencies
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 97.209 after a recent surge from below the 97 level.
The Japanese yen traded at 115.39 per dollar, having weakened last week from below 114.6 against the greenback. The Australian dollar was at $0.6998 after dropping in the previous trading week from above $0.714.
Source: CNBC