|Published : 17 Apr 2017, 11:19:05|
Asian shares mixed on geopolitical tensions
Asian shares are mixed Monday as worries over tensions on the Korean Peninsula persist following a failed missile launch by North Korea over the weekend.
The Hong Kong and Australian markets were closed for Easter holidays.
Tokyo's Nikkei 225 gained 0.1 per cent to 18,354.27, and South Korea's Kospi added 0.5 per cent to 2,144.48.
The Shanghai Composite index slipped 1.3 per cent to 3,213.21 and markets in Southeast Asia were mostly lower.
US stocks were closed on Friday for Good Friday. On Thursday, they finished lower for the third straight day, with energy stocks leading the decline.
The S&P 500 index slid 0.7 per cent to 2,328.95. The Dow Jones industrial average fell 0.7 per cent to 20,453.25. The Nasdaq composite index lost 0.5 per cent to 5,805.15.
Benchmark US crude lost 43 cents to $52.75 a barrel in New York. On Friday, the New York Mercantile Exchange and the London Metal Exchange were closed.
Brent crude, used to price international oils, fell 43 cents to $55.46 per barrel in London.
The dollar was trading at 108.33 yen, down from 108.89 yen late Friday in Asia. The euro fell to $1.0620 from $1.0626, according to AP.