The logo of the Shanghai Stock Exchange in the Lujiazui Financial District in Pudong, Shanghai, China, January 29, 2024.
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Most major stock markets in the Asia-Pacific region rose on Monday ahead of a private probe into China’s manufacturing sector.
Caixin manufacturing survey will follow Official data comes from Friday showed China’s manufacturing sector unexpectedly shrank in May.
Investors will also be watching Indian markets as exit polls over the weekend suggested Prime Minister Narendra Modi and his Bharatiya Janata Party-led coalition will secure a rare third consecutive term.
Japan’s Nikkei 225 Index It opened 1.01% higher, while the broader Topix gained 1.02%.
In Australia, S&P/ASX 200 Index Add 0.78%.
Korean Cospi The Kosdaq rose 1.26%, with the small-cap Kosdaq rising 0.42%.
Hong Kong Hang Seng Index futures were at 18,081 points, The opening price was slightly higher compared to the Hang Seng Index’s closing price of 18,079.61 points.
Wall Street futures were quiet ahead of the first trading day in June, with Dow Jones Industrial Average futures up 25 points, or less than 0.1%.
S&P 500 futures were flat and Nasdaq 100 futures fell 0.1%.
The major indexes had a strong performance in May, with all three notching their sixth monthly gain in seven months. The Nasdaq rose 6.9%, its best month since November 2023.
—CNBC’s Jesse Pond contributed to this report.
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