Asia-Pacific Equities Mixed on Month-End Rebalancing, US-Iran Ceasefire Hopes

Asia-Pacific equities ended mixed on Monday as traders adjusted positions during month-end rebalancing. Market participants weighed unconfirmed reports of a ceasefire between the United States and Iran, along with upcoming diplomatic talks.

Improved geopolitical sentiment provided a modest lift to some regional bourses. However, overall trading was subdued as investors held back, waiting for more concrete economic and political developments.

The cautious tone reflects the lack of a clear directional catalyst, with many market participants staying on the sidelines.