Asian Shares Mostly Directionless As Markets Digest Weaker Than Expected China PMI

Major Asian indexes were mostly directionless in Monday trade, after geopolitical tensions in the Korean Peninsula ramped up in recent days and markets digested the release of China PMI data.

Japan's Nikkei 225 edged down 0.05 percent and South Korea's Kospi was off by 0.25 percent in early trade.

In Australia, the benchmark S&P/ASX 200 index was higher by 0.26 percent, driven by strong showings in its materials sub-index, which was up 1.57 percent.

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