Asian markets are mostly higher on the eve of the U.S. presidential election amid more positive economic news from China.
Japan’s benchmark Nikkei index closed 1.3% higher. The S&P/ASX index in Australia gained 0.2%. Hong Kong’s Hang Seng index rose 1.4%. The KOSPI index in South Korea also rose 1.4%, while Taiwan’s TSEC gained 0.3%.
Shanghai’s Composite index was essentially unchanged. In late afternoon trading, Mumbai’s Sensex was also unchanged percentage-wise.
Investors came back into the markets after data from the privately-run Caixin China Manufacturing Purchasing Managers’ Index showed an increase for October.
In commodities trading, gold is selling at $1,882.90 per ounce, up 0.1%. U.S crude oil is at $34.55 per barrel, down 3.4%, and Brent oil is selling at $37.48 per barrel, unchanged percentage-wise.
All three major U.S. indices are in positive territory in futures trading.