mainland China markets closed for Lunar New Year eve
[ad_1]
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.
It Nikkei 225Japan’s Topix index rose 0.3% while Japan’s rose 0.3%.
The Australian capital is Sydney. S&P/ASX 200It was only a fraction.
MSCI’s Asia-Pacific share index outside Japan was 0.09% less.
In Hong Kong, and Singapore, regional markets will also close on Monday to celebrate the Lunar New Year holiday.
China factory activity data
According to official data, Chinese factory activity slowed in January according to Sunday’s release. Official data from China showed that January’s manufacturing purchasing managers’ index was 50.1, which is just below the 50 threshold, which distinguishes between growth and contraction. This is in comparison to the December reading of 50.3.
The weekend saw a private survey reveal that Chinese manufacturing activity declined in January. For the month, Caixin/Markit’s manufacturing PMI was 49.1.
The PMI readings represent month-on–month growth or contraction.
Currencies
It U.S. dollar indexThe indices that track the greenback in relation to a basket its peers were at 97.209, following a rise from the below-the-97 level.
It Japanese yenThe dollar traded at 115.39, after falling to below 114.6 last week. The Australian dollarAfter dropping from over $0.714, it was back at $0.6998.
[ad_2]