With most markets closed for public holidays there was little to influence traders, who had an eye on a G20 meeting later this week of the world's most powerful economies.
Hong Kong lost 0.70 percent, Sydney 0.34 percent, Seoul 0.25 percent and Taipei 0.32 percent. However, Shanghai edged up 0.15 percent.
Dealers will also be looking at the outcome of a US Federal Reserve meeting that will decide on whether to raise rates and give its forecast for the world's biggest economy.
Tokyo, Singapore, Manila, Kuala Lumpur, Jakarta and Mumbai were all closed for public holidays.
HONG KONG: Down 0.70 percent. The Hang Seng Index finished 150.60 points lower at 21,472.85.
Analysts said they expect a slew of initial public offerings to lend support to Hong Kong shares but said they will lead to liquidity fears.
At least 10 firms are set to raise more than 48 billion Hong Kong dollars from IPOs in the next two weeks. Among the biggest are casino operator Wynn Macau, which is aiming to reap 12.6 billion dollars.
Bank of China fell 3.2 percent to 4.29 dollars after picking up 17.5 percent since September 1, while ICBC was down 2.3 percent at 6.02 after a 6.5 percent in the same period.
Macau casino operators made big advances due to Wynn Macau's large IPO.
SJM surged 5.1 percent to 4.52 dollars.
SYDNEY: Down 0.34 percent. The S&P/ASX200 fell 15.8 points to 4,677.4.
IG Markets research analyst Ben Potter said lower commodity prices pulled resources and banks could not find traction.
BHP Billiton dropped 62 cents to 38.08 dollars and Rio Tinto eased 31 cents to 60.69.
ANZ was down three cents at 23.15, National Australia Bank shed 32 cents to 29.54 and Westpac weakened three cents to 24.88.
Qantas was steady at 2.78 despite chairman Leigh Clifford's comment in the airline's annual report that the outlook for the global aviation industry remained uncertain.
SHANGHAI: Up 0.15 percent. The Shanghai Composite Index, which covers both A and B shares, rose 4.34 points to 2,967.01.
The market was weighed most of the day by news that the first 10 firms to list on a long-awaited Nasdaq-style new board will take subscriptions for their initial public offerings on Friday -- earlier than expected.
But a rally by consumer stocks ahead of the week-long National Day holiday kicked the index into positive territory in the last half hour.
"Consumer stocks will continue to attract interest as China enters Golden Week in October, which usually has higher sales than other months," Jacky Zhang, an analyst at Capital Securities said.
China's National Day holiday runs from October 1 to October 8.
No launch date has officially been set for the second board.
Shanghai Bailian Group Co, the listed unit of China's biggest retailer, jumped 6.73 percent to 14.91 yuan on expectations the National Day holidays will boost spending.
Metallurgical Corp of China made a strong debut Monday. Its shares ended at 6.94 yuan, up 28.04 percent from its initial public offering price of 5.42 yuan but off a high of 7.50.
SEOUL: Down 0.25 percent. The KOSPI lost 4.21 points at 1,695.50.
"Investors also remained cautious and will likely remain cautious until they get clues for an exit strategy from the (US) Federal Reserve meeting and G20 summit this week," he said.
Samsung Electronics fell 0.99 percent to 798,000 won and Hynix Semiconductor rose 5.2 percent to 21,450 won.
Most banks and automakers fell on profit-taking. Hyundai Motor dropped 1.9 percent to 106,500 won and Woori Financial Group lost 0.6 percent to 16,850.
POSCO rose 0.98 percent to 516,000 won.
TAIPEI: Down 0.32 percent. The weighted index fell 24.09 points to 7,502.46.
The market opened flat and consolidated throughout the trade with many investors taking to the sidelines on fears that a possible major correction would send share prices into a tailspin, dealers said.
Financials saw heavy profit-taking after it was overvalued to some extent, dealers said.
Cathay Financial fell 1.85 percent to 53.20 dollars and Chinatrust Financial shed 1.16 percent to 21.25.
Taiwan Semiconductor Manufacturing Co closed down 0.64 percent at 62.30.
Notebook computer maker Acer gained 1.13 percent to 80.90.
BANGKOK: Flat. The Stock Exchange of Thailand was down 0.51 points or 0.07 percent at 713.16.
Hong Kong lost 0.70 percent, Sydney 0.34 percent, Seoul 0.25 percent and Taipei 0.32 percent. However, Shanghai edged up 0.15 percent.
Dealers will also be looking at the outcome of a US Federal Reserve meeting that will decide on whether to raise rates and give its forecast for the world's biggest economy.
Tokyo, Singapore, Manila, Kuala Lumpur, Jakarta and Mumbai were all closed for public holidays.
HONG KONG: Down 0.70 percent. The Hang Seng Index finished 150.60 points lower at 21,472.85.
Analysts said they expect a slew of initial public offerings to lend support to Hong Kong shares but said they will lead to liquidity fears.
At least 10 firms are set to raise more than 48 billion Hong Kong dollars from IPOs in the next two weeks. Among the biggest are casino operator Wynn Macau, which is aiming to reap 12.6 billion dollars.
Bank of China fell 3.2 percent to 4.29 dollars after picking up 17.5 percent since September 1, while ICBC was down 2.3 percent at 6.02 after a 6.5 percent in the same period.
Macau casino operators made big advances due to Wynn Macau's large IPO.
SJM surged 5.1 percent to 4.52 dollars.
SYDNEY: Down 0.34 percent. The S&P/ASX200 fell 15.8 points to 4,677.4.
IG Markets research analyst Ben Potter said lower commodity prices pulled resources and banks could not find traction.
BHP Billiton dropped 62 cents to 38.08 dollars and Rio Tinto eased 31 cents to 60.69.
ANZ was down three cents at 23.15, National Australia Bank shed 32 cents to 29.54 and Westpac weakened three cents to 24.88.
Qantas was steady at 2.78 despite chairman Leigh Clifford's comment in the airline's annual report that the outlook for the global aviation industry remained uncertain.
SHANGHAI: Up 0.15 percent. The Shanghai Composite Index, which covers both A and B shares, rose 4.34 points to 2,967.01.
The market was weighed most of the day by news that the first 10 firms to list on a long-awaited Nasdaq-style new board will take subscriptions for their initial public offerings on Friday -- earlier than expected.
But a rally by consumer stocks ahead of the week-long National Day holiday kicked the index into positive territory in the last half hour.
"Consumer stocks will continue to attract interest as China enters Golden Week in October, which usually has higher sales than other months," Jacky Zhang, an analyst at Capital Securities said.
China's National Day holiday runs from October 1 to October 8.
No launch date has officially been set for the second board.
Shanghai Bailian Group Co, the listed unit of China's biggest retailer, jumped 6.73 percent to 14.91 yuan on expectations the National Day holidays will boost spending.
Metallurgical Corp of China made a strong debut Monday. Its shares ended at 6.94 yuan, up 28.04 percent from its initial public offering price of 5.42 yuan but off a high of 7.50.
SEOUL: Down 0.25 percent. The KOSPI lost 4.21 points at 1,695.50.
"Investors also remained cautious and will likely remain cautious until they get clues for an exit strategy from the (US) Federal Reserve meeting and G20 summit this week," he said.
Samsung Electronics fell 0.99 percent to 798,000 won and Hynix Semiconductor rose 5.2 percent to 21,450 won.
Most banks and automakers fell on profit-taking. Hyundai Motor dropped 1.9 percent to 106,500 won and Woori Financial Group lost 0.6 percent to 16,850.
POSCO rose 0.98 percent to 516,000 won.
TAIPEI: Down 0.32 percent. The weighted index fell 24.09 points to 7,502.46.
The market opened flat and consolidated throughout the trade with many investors taking to the sidelines on fears that a possible major correction would send share prices into a tailspin, dealers said.
Financials saw heavy profit-taking after it was overvalued to some extent, dealers said.
Cathay Financial fell 1.85 percent to 53.20 dollars and Chinatrust Financial shed 1.16 percent to 21.25.
Taiwan Semiconductor Manufacturing Co closed down 0.64 percent at 62.30.
Notebook computer maker Acer gained 1.13 percent to 80.90.
BANGKOK: Flat. The Stock Exchange of Thailand was down 0.51 points or 0.07 percent at 713.16.
WELLINGTON: Flat. The NZX-50 fell 0.81 points or 0.03 percent to 3,155.65.
Freightways gained four cents to 3.24 dollars.
"It will eventually help the building industry, and the carpet industry in time."
Fletcher Building, now New Zealand's biggest listed company, rose three cents to 8.35 dollars and Auckland Airport added seven cents to 1.92.
Telecom fell four cents to 2.63 dollars and Contact Energy dropped seven cents to 5.91
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