View of the Central Business District skyline at dusk in Beijing, China.
Shen Peng | Visual China Group | Getty Images
Asia-Pacific markets were mostly lower on Monday as investors awaited China’s Third Central Committee Meeting and also weighed a possible assassination attempt on former US President Donald Trump at a weekend rally.
Quantum Strategies president David Roche said in a Sunday memo that the odds of Republicans winning both the House and the Senate have increased, leading to Trump’s victory in the presidential election.
Meanwhile, China’s top leaders are due to meet this week for a highly anticipated meeting known as the Third Plenum, which analysts expect will focus on areas such as high local government debt and boosting advanced manufacturing rather than the country’s property sector.
Key economic data from China is due to be released on Monday, including second-quarter GDP. A Reuters survey of economists shows the economy is expected to grow 5.1 percent year-on-year, up from 5.3 percent in the first quarter.
Hong Kong’s Hang Seng Index fell 0.4%, while mainland China’s CSI 300 edged lower ahead of the Third Plenary Session of the 19th Central Committee of the Communist Party of China.
Japanese markets are closed for a public holiday.
Ticker | company | name | price | change | %change |
---|---|---|---|---|---|
.N225 | Nikkei Stock Average | Nikkei | 41,190.68 | -1,033.34 | -2.45% |
.HSI | Hang Seng Index | HSI | 18,202.23 | -91.15 | -0.50% |
.AXJO | S&P/ASX 200 | ASX 200 | 8,021.50 | +62.20 | +0.78% |
.SSEC | Shanghai | Shanghai | 2,964.58 | -6.72 | -0.23% |
.KS11 | KOSPI Index | Korea Composite Stock Price Index | 2,852.80 | -4.20 | -0.15% |
.FTFCNBCA | CNBC 100 Asia IDX | CNBC 100 | 10,318.88 | +7.40 | +0.07% |
South Korea’s KOSPI fell 0.11%, while the small-cap KOSDAQ lost 0.24%.
Australia’s S&P/ASX 200 rose for a third straight day, up 0.79% to a record high, and was the only major Asian index in positive territory.
U.S. market futures were up slightly late on Sunday, with those tracking the Dow Jones Industrial Average up 0.11%, while the S&P 500 and Nasdaq were up about 0.1%.
—CNBC’s Yun Li contributed to this report.