Asian equities started the week mixed on Monday as investors focused on a raft of data in China and Japan. Trading volumes were also light with markets in China, South Korea and Taiwan shut for the Mid-Autumn Festival.
Markets showed little reaction to China's August trade report. Exports in the world's second-largest economy jumped 9.4 percent on year, higher than expectations for a 8 percent rise. But imports fell an annual 2.4 percent, missing estimates for a 1.7 percent increase. Still, the country's trade surplus rose to $49.8 billion, well above forecasts for $40 billion.
Gains on Wall Street late last week helped to bolster sentiment. The S&P 500 recorded another record finish as investors shrugged off a surprisingly disappointing jobs report. August nonfarm payrolls added 142,000 jobs while the jobless rate declined to 6.1 percent. Economists had expected payrolls growth of 225,000 last month.