A woman rides her bike with the Marina Bay Sands Hotel and high-rise buildings in the background in Singapore on September 4, 2023.
Raslan Rahman | AFP | Getty Images
Asia-Pacific markets were mixed on Monday as investors awaited a series of inflation reports from the region.
Singapore and Malaysia will release their February inflation reports on Monday, while Australia's inflation figures will be released on Wednesday.
Inflation figures are due in Tokyo on Friday. The capital's inflation figures are widely viewed as a leading indicator of national trends in Japan.
Hong Kong's Hang Seng Index opened 0.36% higher, while mainland China's CSI 300 Index fell 0.4% at the open.
Japan Nikki 225 The Topix fell 0.60%, pulling back from Friday's all-time high, while the broad-based Topix saw a larger loss of 0.77%.
South Korea Cosby It fell 0.17%, after opening higher and approaching two-year highs. Small-cap Kosdaq rose 1.10%.
in Australia, Standard & Poor's/ASX 200 It rose 0.46%, rebounding from Friday's losses and approaching record highs.
Friday in the United States Dow Jones Industrial Average It fell by more than 300 points, or 0.77%, after successive sessions in which the index set all records. the Standard & Poor's 500 Decreased by 0.14%.
However, Nasdaq Composite The stock continued to rise by 0.16%, closing at 16,428.82, setting another record high.
“It's a period of digestion after a really strong week,” Keith Lerner, co-chief investment officer at Truist, said of Friday's moves. “Our view is that the overall trend remains positive for the market, especially when you see this breakout to new highs, on track for a fifth straight month of gains.”
— CNBC's Samantha Sobin and Lisa Kailay Hahn contributed to this report
