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China’s factory activity in October, oil prices

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SINGAPORE — Shares in Asia-Pacific were mixed in Monday trade as investors reacted to economic data that showed a mixed picture of Chinese manufacturing activity in October.

Japan stocks saw regional gains in the aftermath of the Nikkei 225Shares of NYSE jumped by 2.17% during morning trading, and climbed to a high of. Fast RetailingNearly 5%. Topix index rose 1.46%. These gains occurred after the country had experienced a severe drought. ruling Liberal Democratic Party held on to its single-party majorityIn a Sunday election.

Hong Kong Hang Seng indexThe mainland Chinese stock market fell by 1.15%, while the NASDAQ was also down with the Shanghai compositeDown 0.39%, the Shenzhen componentFalling 0.353%

China’s official manufacturing PMI reading for October was 49.2 at the weekend. It is lower than the 50-level that distinguishes between expansion and contraction. After September’s 49.6 official manufacturing PMI, it was the second consecutive month of declining manufacturing activity.

However, a private survey released Monday showed Chinese manufacturing activity growth in October expanding — with the Caixin/Markit manufacturing PMI coming in at 50.6.

Below 50 PMI levels signify contraction. Above that, they indicate expansion. PMI readings indicate either month-on–month expansion or contraction.

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South Korea, and other places KospiThe rate of growth was 0.37%, S&P/ASX 200Australia experienced 0.6% growth.

MSCI’s Asia-Pacific broadest index, which is not based on Japan, traded at 0.37% below.

Currencies, oil

The U.S. dollar indexThe indices that track the greenback against its peers were at 94.181, a rise from 93.6.

The Japanese yenIt traded at 114.07 USD, weaker that the levels of 113.4 last week. The Australian dollarFollowing a fall from $0.753 in late last week’s closing, $0.7511 was changed.

The oil prices fell in the early hours of Asia trading, according to international benchmarks Brent crude futuresBarrel price dropped by 0.2% to $83.54 U.S. crude futuresDropped 0.48% to $83.17 a barrel

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