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Jeju Air, South Korea’s industrial production


Sunrise scene in downtown Seoul, bird’s eye view of Seoul Tower in Namsan Park at dusk in the morning. The best view point and hike from Mount Inwangsan in Seoul, South Korea

Mongkol Chuewong | Moment | Getty Images

Asia-Pacific markets were mixed on the penultimate trading day of the year after Wall Street fell on Friday.

South Korea Kospi fell 0.22% to close at 2,399.49 as the country grapples with political turmoil and disappointing industrial data, among others. However, the small-cap Kosdaq added 1.83% to end the trading day at 678.19.

The country testified its own the deadliest plane crash on Sunday, which claimed 179 lives when a Jeju Air plane crashed into a wall at Muang International Airport.

Acting President of South Korea Choi Sang Mok ordered an urgent security check operating systems of the country’s airlines.

Shares of Jeju Air hit an all-time low on Monday, closing 8.65% lower, according to FactSet data. Shares of other Korean airlines were volatile. Korean Air was down 3%, budget airlines T’way Air and Jin Air were down 3.23% and 2.83%, respectively. Air Busan rose more than 3.14%.

South Korea The volume of industrial production decreased by 0.7% in monthly terms in November, which was more than the expected Reuters decline of 0.4%. Industrial production rose 0.1% year-on-year, less than the 0.4% expected by Reuters. For comparison with the October indicator of growth by 6.3%.

Parliament of the country On December 27, it voted to impeach acting president Han Dak-sooshortly after Yun was impeached as a result of his brief martial law decree that plunged the country into political turmoil. According to reports, the country’s investigative agency was looking for Monday arrest warrant for Yun.

of Japan Nikkei 225 fell 0.96% to close at 39,894.54, while the Topix fell 0.60% to close at 2,784.92.

of Japan factory activity declined at a slower pace in December. Jibun Bank Japan’s Purchasing Managers’ Index rose to 49.6 in December, up slightly from November’s 49.0 and the mildest contraction in three months. However, the figure remained below the 50 threshold that separates expansion from contraction.

“The headline edged closer to neutral amid softer output cuts and new orders,” said Osama Bhatti of S&P Global Market Intelligence.

Hong Kong Hang Seng Index was down 0.2% in the last hour of trading, while China’s CSI 300 index rose 0.45% to close at 3,999.06.

Australia S&P/ASX 200 traded 0.32% lower and closed at 8235.

Traders await China’s manufacturing PMI on Tuesday, with markets closed on Wednesday for the New Year holiday.

U.S. stocks fell on Friday, led by technology names, but major indexes still rose for the week.

Blue chips Dow Jones industrial index fell 333.59 points, or 0.77%, to 42,992.21, its first decline in six sessions. The S&P 500 down 1.11% to 5,970.84. The Nasdaq Composite decreased by 1.49% to 19,722.03 a Tesla decreased by about 5% and Nvidia decreased by 2%.

—CNBC’s Yoon Lee and Piya Singh contributed to this report.



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