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SINGAPORE – Asia-Pacific stocks were mixed in Monday morning trading as Indian markets were closed for a holiday.
The Nikkei 225 index in Japan gained 0.98% at the start of the session while the Topix index rose 0.7%. The South Korean Kospi, on the other hand, fell 0.27%.
Shares in Australia rose as the S & P / ASX 200 gained 0.10%.
The largest MSCI index of Asia-Pacific stocks outside of Japan traded slightly higher.
In the company’s developments, shares of Chinese video platform Bilibili are expected to debut in Hong Kong on Monday. The companies are following the likes of other Chinese companies listed in the United States such as Alibaba and Baidu to raise funds in Hong Kong.
Markets in India are closed on Mondays for a public holiday.
In the United States, the S&P 500 closed on Friday at a new high and reduced its 2021 gains to 5.8%.
Currencies and oil
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 92.773 after rising earlier this month from levels below 92.
The Japanese yen traded at 109.73 per dollar, after weakening last week from levels below 109 against the greenback. The Australian dollar changed hands at $ 0.7636, retreating last week from $ 0.768.
Oil prices were lower on the morning of trading hours in Asia as international benchmark Brent futures fell slightly to $ 64.53 a barrel. US crude futures also fell 0.26% to $ 60.81 a barrel.
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