A technical glitch halted trading in the Australian stock market for most of the session on Monday, but other Asia markets gained ahead of central bank meetings in the U.S. and Japan later in the week.
The technical glitch delayed the Australian market open and then halted trade in the afternoon before market operator Australian Securities Exchange (ASX) said in a media statement the market would not re-open on Monday, and there would be no closing single price auction.
"ASX will advise the process for determining closing prices, remaining session states and status of orders," the statement said.
In another statement in the late afternoon, the ASX managing director and CEO, Dominic Stevens, said the glitch rose from "a hardware failure in the main database used by the system," which had a "number of knock-on consequences that affected the operation of the market."
Stevens added the issues were not related in any way to cyber security. An ASX spokesman said in the morning that the exchange was continuing to work with its technology vendor to prevent a recurrence.
With the Japanese market also closed Monday for a public holiday, that dampened interest around the region, but the rest of the markets in Asia were mostly higher.
In South Korea, the Kospi closed up 16.42 points, or 0.82 percent, at 2,015.78, after being closed on Friday for a public holiday. Taiwan's Taiex climbed 250.58 points, or 2.81 percent, to 9,152.88, amid gains in stocks tied to Apple's supply chain.
Deutsche Bank said in a note last week that the latest iPhone was a "boring" device with minor upgrades, but it added, "we believe these minor upgrades could have greater long-term impacts on the supply chain."
Additionally, Citigroup said in a note dated Sunday that demand for the iPhone 7 was exceeding supply, adding that it expected total iPhone units sold in the September quarter would rise 10 percent on-quarter and December quarter sales would rise 67 percent on-quarter.
In Hong Kong, the Hang Seng index was up 0.83 percent in late-afternoon trade. On the Chinese mainland, the Shanghai composite closed up 23.76 points, or 0.79 percent, at 3,026.61, and the Shenzhen composite gained 21.03 points, or 1.06 percent, to 2,001.29.
Investors will look for clarity from the U.S. Federal Reserve on the timing of the next interest rate hike, with many analysts suggesting a rise in September was unlikely following a series of weaker-than-expected economic data.
The Fed's future interest rate projections, commentary from Janet Yellen and the post-Federal Open Market Committee statement will drive markets, according to Ray Attrill, global co-head of foreign exchange strategy at the National Australia Bank.