SHANGHAI, CHINA – MARCH 7, 2023 – The Oriental Pearl Tower, Shanghai Tower, Jinmao Tower and World Financial Center are seen on Lujiazui Street, Shanghai, China, March 7, 2023.
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Asia-Pacific futures largely point to a positive open on Monday for the region’s markets, extending gains made on Friday.
On Tuesday, China will release its first quarter domestic product numbers, along with data for industrial output,retail sales and fixed assets investments.
In Australia, futures for the S&P/ASX 200 stood at 7,390, compared to the index’s last close of 7,361.6. The ASX outperformed most of the major stock markets globally last week, being up 1.98%, with all 11 sectors finishing higher.
In Japan, the Nikkei futures contract in Chicago was at 28,575, while its counterpart in Osaka was at 28,520 against the Nikkei 225’s last close at 28,493.47.
However, Hong Kong’s Hang Seng index is set to fall based on futures data, with futures standing at 20,324 compared to the index last close at 20,438.
U.S. stocks ended Friday’s trading session all lower as the market entered its earnings season. The Dow Jones Industrial Average about 0.42%, while the S&P 500 fell 0.21% and the Nasdaq Composite slid 0.35% to end the week
— CNBC’s Sarah Min and Alex Harring contributed to this report
