Asia-Pacific markets rebounded and erased earlier losses as investors assess private surveys of business activity from Japan and Australia, as well as the October producer price index from South Korea.
In Japan, the Nikkei 225 regained 62.8 points, or 0.2%, to 31,062.35, as the October purchasing managers index flash reading saw its first contraction since December 2022.
In Hong Kong, markets returned from a long weekend, with the Hang Seng Index darting lower 180.6 points, or 1.1%, to 16,991.53.
Korean markets ended a three-day slump, after the country’s producer price index climbed at a faster pace of 1.3% year-on-year in September, compared to 1% in August.
In other markets
In Shanghai, the CSI 300 gained 12.89 points, or 0.4%, to 3,487.13.
In Taiwan, the Taiex recovered 58.4 points, or 0.4%, to 16,309.76.
In Korea, the Kospi index restocked 26.49 points, or 1.1%, to 2,383.51.
In Singapore, the Straits Times Index jumped 30.52 points, or 1%, to 3,083.88.
In New Zealand, the NZX 50 came back from a day off to dish off 33.46 points, or 0.3%, to 10,960.63.
In Australia, the ASX 200 moved up again 12.78 points, or 0.2%, to 6,856.86.
