Major stock market indexes in the Asia-Pacific region traded mixed on Monday after the newest reports showed an improvement in the manufacturing sector in Japan, yet a slowdown of that in China, though it remained in the expansion territory. Meanwhile, the Organization of the Petroleum Exporting Countries and its partners (OPEC+) announced their decision to reduce production by one million barrels per day (bpd) until the end of 2023.
Japan's Nikkei 225 went up by 0.52% at 7:17 am CET as the dollar rose by 0.55% against the yen to sell for ¥133.5180. At the same time, South Korea's Kospi lost 0.21%. Australia's S&P/ASX closed 0.50% higher.
In mainland China, the Shanghai Composite gained 0.53% at 7:03 am CET. A minute later, the Shenzhen Composite increased by 0.77%. In Hong Kong, the Hang Seng decreased by 0.39% at 7:19 am CET.
