Sunrise scene of Seoul city skyline, aerial view of N Seoul Tower in Namsan Park at dusk in the morning sky. The best viewpoint and trekking from Inwangsan Mountain in Seoul, South Korea
Mongkol Chuewong | Wait | Getty Images
Asia-Pacific markets opened lower on the penultimate trading day of the year, following losses on Wall Street on Friday.
South Korea Kospi fell by 0.3% and Kosdaq lost 0.41%. South Korea deadliest plane crash The incident occurred on Sunday, killing 179 people when a Jeju Air plane hit a wall at Muan International Airport and burst into flames. Jeju Air shares fell 13% at the opening.
Country of South Korea industrial production decreased by 0.7% on a monthly basis in November, a larger than 0.4% decline expected by Reuters. On a year-over-year basis, industrial production rose 0.1%, less than Reuters' expectations of a 0.4% increase. For comparison, the October reading was an increase of 6.3%.
The country's parliament On December 27, they voted to dismiss acting president Han Duck-sooshortly after President Yoon Suk Yeol was impeached following a brief martial law decree that plunged the country into political turmoil.
Australia S&P/ASX200 decreased by 0.4%.
Japan Nikkei 225 was 0.21% lower in the first hour of trading, while Topix was trading flat.
This week, investors are waiting for the PMI for manufacturing in China on Tuesday, while the markets will be closed on Wednesday due to the New Year.
U.S. stocks fell on Friday, driven by technology names, but the major indexes continued to rise throughout the week.
Blue-chip Dow Jones Industrial Average lost 333.59 points, or 0.77%, to 42,992.21, falling for the first time in six sessions. The S&P500 fell 1.11% to 5,970.84. The Nasdaq Composite fell 1.49% to 19,722.03, as Tesla decreased by approximately 5% i Nvidia decreased by 2%.
— CNBC's Yun Li and Pia Singh contributed to this report.