Most Asia markets up on optimism for new US stimulus package

SHANGHAI'S key index emerged as an outlier on Monday - it was among the rare few that ended in the red on a day when many of its counterparts, including Tokyo's benchmark Nikkei 225 and Singapore's Straits Times Index (STI), closed with gains.

The party pooper Shanghai Composite Index ended at 3,312.67 points or 0.71 per cent lower, after China's third-quarter economic data fell short of expectations, having risen only by 4.9 per cent.

However, other bourses rallied on the back of investors' optimism for a new US stimulus package.