Most Asian markets traded higher as investors in Asia digested the release of China Caixin services PMI.
The
S&P/ASX 200 rose 0.66 percent on broad-based gains across its
sub-indexes. The Shanghai Composite surged 1.24 percent, shrugging off
lackluster services data.
The Caixin services purchasing managers'
index showed non-manufacturing activity in China expanded at its
slowest levels in almost two years in September, Reuters said. The
Caixin/Markit PMI stood at 50.6 last month, compared to the 52.7 figure
seen in August.
Meanwhile, the Caixin composite PMI stood at 51.4 in September, below the 52.4 in August.
Hong Kong's Hang Seng Index was off 0.16 percent.
Japan, South Korea and Taiwan markets closed for public holidays.
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