Aerial view of the downtown Seoul city skyline with vehicles at the intersection of a highway and bridge across the Han River in Seoul, South Korea.
Mongkol Chuewong |Moment |Getty Images
The Asia-Pacific market mixed on Wednesday, profiting on Wall Street ahead of a potential US government shutdown as lawmakers continue to rallies over details of their second temporary spending bill.
In Japan, the Bank of Japan released the results of its third quarter Tankan survey. The Tankan survey measures business sentiment in Japanese companies and is closely monitored by the BOJ.
The index of business optimism for large Japanese manufacturers rose from +13 in the last quarter to +14 in the third quarter, but below the expected +15 economists voted by Reuters. The non-manufacturing index was stable at +34.
Tankan’s positive numbers show that optimists outweigh pessimists and vice versa.
Asian investors will also turn to their Reserve Bank of India’s fee decisions later on Wednesday.
Japan Nikkei 225 It sank 1.05%, but broad-based Topix fell 1.52%.
In Korea, blue chips Kospi It increased by 0.68%, while the small Kosdaq increased by 0.77%.
Australia’s S&P/ASX 200 slipped 0.25% in early trade.
Markets in mainland China and Hong Kong were closed on holidays.
Overnight in the US, the S&P 500 rose 0.41% at 6,688.46, while Nasdaq composites rose 0.31% at 22,660.01.
Dow Jones Industrial Average advanced 81.82 points (0.18%) with 46,397.89.
—CNBC’s Sean Conlon and Pia Singh contributed to this report.
