Asian markets trading on a mix note despite positive US nfp job results

Asian markets are trading on a mix note on the start of the new week. In addition, global stock markets are affected by US NFP job results released on last Friday. February US non-farm payrolls far outpaced estimates on Friday; however, average hourly earnings data were less notable. Around 242,000 jobs were added to the economy last month, beating the 195,000 jobs projected by analysts and keeping the unemployment rate at an eight-year low of 4.9%. Average hourly earnings fell 0.1% month-on-month in February, missing the 0.2% rate of growth expected.

The Nikkei 225 index was trading 0.66% lower at 16,901.46 points on Monday morning in Tokyo, while the broader Topix index traded 0.97% lower at 1,361.94 points.

Hong Kong's Heng Seng index was trading 0.04% lower to 20,173.29 points, while the Shanghai Composite index rallied 1.28% to 2,911.02 points.

South Korea's kospi index was trading 0.22% higher to 1960 points.

Australia's benchmark S&P/ASX 200 index rise 0.85% to 5,133.20 points.