Asian shares rise amid cyberattack concerns

Dhaka,  Fri,  18 August 2017
Published : 15 May 2017, 10:36:58
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Asian shares mostly higher amid cyberattack concerns

Asian shares were higher in early trading on Monday, despite worries of disruptions from the "WannaCry" ransomware cyberattack over the weekend. 

Yet another missile launch by North Korea also appeared to have little impact, while upbeat talk on trade and infrastructure investment at a top-level conference in China brightened sentiment.

Japan's Nikkei 225 stock index slipped 0.2 per cent to 19,842.15, falling back after early gains. Hong Kong's Hang Seng index added 25,282.12.

The Shanghai Composite index rose 0.2 per cent to 3,090.49. Australia's S&P ASX 200 was nearly unchanged at 5,835.20. The Kospi of South Korea climbed 0.2 per cent to 2,291.08. 

Shares in Taiwan and Southeast Asia were mostly higher.

Shares of department stores sank Friday, hurt by more evidence that shoppers are turning away from them. The S&P 500 dipped 0.1 per cent to 2,390.90, part of a 0.3 per cent loss for the week. 

The Dow Jones industrial average fell 0.1 per cent to 20,896.61 and the Nasdaq composite rose 0.1 per cent to 6,121.23.

Benchmark US crude oil gained 83 cents to $48.67 a barrel in electronic trading on the New York Mercantile Exchange. It gained $1.01 on Friday. 

Brent crude, the international standard, jumped 81 cents to $51.65 a barrel.

The dollar was steady at 135.56 yen and the euro slipped to $1.0928 from $1.0932, according to AP.
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