Asia follows Wall St. down
(CNN) -- The handful of Asian markets that are open Monday are mostly posting losses in line with last Friday's falls on Wall Street.
Singapore and Taiwan are both down about half a percent, while South Korea is up slightly.
Australian stocks are about half a percent lower over concerns about the impact any slowdown in China's hot economy would have on resources suppliers.
New Zealand is about 0.4 percent in the red.
Markets in Japan, China, Malaysia, Indonesia and Thailand are closed for national holidays. China's market will be closed all week.
In Seoul, the Kospi is 0.2 percent higher to 864.53.
Big exporter Hyundai Motor is up 1 percent to 45,200 won.
But market heavyweight Samsung Electronics is almost 1 percent lower to 552,000 won and SK Telecom is down about 0.75 percent.
Chip maker Hynix Semiconductor is down about 1.3 percent to 11,750 won.
Big banks are mainly higher, with Shinhan up 2.4 percent to 20,950 won. On Monday, the government said South Korea's CPI figure rose 3.3 percent for the year to the end of April. (Full story)
In Taiwan, the Taiex is down about 0.4 percent to 6104.38.
Chip foundry TSMC, the market's biggest stock, is firmer at T$58.50 after it said Friday it had won Taiwanese government approval to spend almost $900 million on its first chip factory in China.
UMC, its smaller rival, is up slightly to T$29.90.
In Singapore, the Straits Times index is down 0.59 percent to 1831.20. Leading bank DBS is 1.4 percent lower to S$14.10.
In Australia, the S&P/ASX 200 is down 0.56 percent to 3381.9, with a fall of about 1.1 percent to A$11.34 for resources leader BHP Billiton. Rio Tinto is down 0.8 percent to A$32.26.
Comments from Chinese officials about reining in China's economy triggered sharp falls in mining stocks last week.
Shares in chemicals company Orica -- the world's largest commercial explosives maker -- fell 3.2 percent to A$14.30 after it reported a first-half net profit of A$122.2 million ($88 million), slightly below market forecasts. Its shares recently hit a record high of A$15.75.
On Wall Street Friday, the Dow Jones industrial average was off about 0.5 percent, while the tech-heavy Nasdaq plunged almost 2 percent to 1920.15. (Full story
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Also on Friday, Tokyo came back from a holiday Thursday to finish sharply lower, with the Nikkei down more than 2 percent and the Topix off about 1.7 percent.
