Latest Global News | Australia markets fall; Kiwi dollar edges lower; China closed

A general view of market boards at the ASX Exchange Centre in Sydney, Australia.

Ryan Pierse | Getty Images

Asia markets were mixed Monday to start a holiday-shortened week for most markets, while China remains shut for the week.

Many major stock markets in Asia-Pacific were closed Monday including Hong Kong, Taiwan and South Korea.

India’s Nifty 50 index edged 0.3% lower, while shares of financial technology firm Paytm, listed as One 97 Communications, rose 1.6%.

The company confirmed an independent director at its banking arm resigned from the Paytm Payments Bank board on Feb. 1.

Wall Street ended higher on Friday after December’s revised inflation reading came in lower than first reported. The benchmark S&P 500 closed above the key 5,000 level for the first time ever.

The S&P 500 rose 0.57% to end at 5,026.61, while the Nasdaq Composite rallied 1.25% to close at 15,990.66. The Dow Jones Industrial Average slipped 54.64 points, or 0.14%, to settle at 38,671.69.

— CNBC’s Samantha Subin and Yun Li contributed to this report.