Asia-Pacific stocks mixed as multiple regional markets are closed for Christmas holidays


SINGAPORE — Shares in Asia-Pacific were mixed in Monday morning trade, with multiple major markets in the region closed for holidays.

Mainland Chinese stocks were mixed in morning trade, with the Shanghai composite below the flatline while the Shenzhen component edged 0.201% higher. China’s industrial profits in November jumped 9% from last year, data released by China’s National Bureau of Statistics showed.

Elsewhere, the Nikkei 225 in Japan slipped 0.22% while the Topix index shed 0.24%. South Korea’s Kospi climbed 0.26%.

MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.07% higher.

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Major markets in Asia-Pacific such as Australia and Hong Kong are closed for the Christmas holidays.

Currencies and oil

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 96.107 after recently declining from above 96.3.

The Japanese yen traded at 114.38 per dollar, weaker than levels below 114 seen against the greenback last week. The Australian dollar was at $0.7231 after rising from below $0.72 in the previous trading week.

Oil prices were mixed in the morning of Asia trading hours on Monday, with international benchmark Brent crude futures up 0.29% to $76.36 per barrel. U.S. crude futures shed 0.8% to $73.20 per barrel.



Read More: Asia-Pacific stocks mixed as multiple regional markets are closed for Christmas holidays

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