Seoul shares fall 3.65% as Tokyo markets close for holiday

Asian stock markets began the week with fewer exchanges open because Tokyo was closed for a public holiday.

Seoul’s main market fell 3.65%, while Sydney rose 0.76% and Taiwan was nearly unchanged.

Hong Kong and Singapore edged higher, while Shanghai and Mumbai fell.

Shares of LG, Samsung and chipmaker SK Hynix came under pressure in Seoul.

Investors are waiting for US inflation figures for September, due Wednesday, and for a revised German inflation figure the day before.

The new quarterly earnings season is also beginning, with results expected from companies including JPMorgan, Goldman Sachs, Wells Fargo and Citigroup.

The inflation figures and company results are among the events markets are watching this week.