Asia-Pacific stocks trade mixed; Bilibili slumps in Hong Kong debut

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SINGAPORE — Stocks in Asia-Pacific have been combined in Monday trade, as markets in India are closed for a vacation.

The Nikkei 225 in Japan gained 0.79% in morning trade whereas the Topix index superior 0.48%. South Korea’s Kospi, then again, dipped 0.33%.

Mainland Chinese stocks have been combined because the Shanghai composite gained 0.12% whereas the Shenzhen element shed 0.29%. Hong Kong’s Hang Seng index declined 0.4%.

Shares in Australia additionally traded in adverse territory because the S&P/ASX 200 declined 0.31%.

MSCI’s broadest index of Asia-Pacific shares exterior Japan traded 0.11% decrease.

In company developments, shares of Chinese video platform Bilibili slumped in their debut in Hong Kong on Monday, falling greater than 5% from their difficulty worth in early buying and selling. The companies follows the likes of different U.S.-listed Chinese companies akin to Alibaba and Baidu in elevating cash in Hong Kong.

Markets in India are closed on Monday for a vacation.

Stateside, the S&P 500 closed at a brand new report on Friday and introduced its 2021 features to five.8%.

Currencies and oil

The U.S. greenback index, which tracks the buck in opposition to a basket of its friends, was at 92.858 after rising earlier this month from ranges under 92.

The Japanese yen traded at 109.70 per greenback, having weakened final week from ranges under 109 in opposition to the buck. The Australian greenback modified arms at $0.7622, falling a decline final week from above $0.768.

Oil costs have been decrease in the morning of Asia buying and selling hours, with worldwide benchmark Brent crude futures declining fractionally to $64.52 per barrel. U.S. crude futures additionally shed 0.31% to $60.78 per barrel.



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Ariel Shapiro
Ariel Shapiro
Uncovering the latest of tech and business.

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