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Asia Markets: Nikkei lags, but other Asian markets gain to open November

After a roller-coaster October, Asian stock markets started November with widespread gains.

Japan was the notable exception, with the Nikkei NIK, -0.48% down 0.5% amid caution over U.S. trade policies and the upcoming midterm elections. The telecom sector fell 6.3%, by far the worst among 33 Topix sectors, after NTT DoCoMo said it would cut mobile service charges. NTT DoCoMo 9437, -11.92% was down 11% while fellow telecom KDDI 9433, -15.38% dropped 15% and SoftBank Group 9984, -7.89% sank 6.9%. Panasonic 6752, -7.60% was also sharply down.

Meanwhile, Chinese stocks surged Thursday, with Hong Kong‘s Hang Seng Index HSI, +1.90% jumping 1.4%.

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