Asian shares mostly higher

Dhaka,  Sun,  24 September 2017
Published : 14 Aug 2017, 11:28:02

Asian shares rise amid global political tension

Asian shares mostly higher
Asian shares were mostly higher on Monday, although Japan's Nikkei 225 benchmark fell as tensions over North Korea kept the yen strong against the dollar. 

Japan's Nikkei 225 stock index dipped 0.8 per cent to 19,564.98 on selling of shares in export manufacturers whose profits would be hurt by a stronger yen. 

Hong Kong's Hang Seng index jumped 1.2 per cent to 27,198.59 and Australia's S&P ASX 200 surged 0.6 per cent to 5,729.70. South Korea's Kospi gained 0.6 per cent to 2,333.64.

The Shanghai Composite index advanced 0.4 per cent to 3,221.27. Shares in Southeast Asia were mostly higher. 

Gains among technology companies helped snap a three-day losing streak for US stocks Friday. On Friday, the S&P 500 rose 0.1 per cent to 2,441.32. 

The Dow Jones industrials average also gained 0.1 per cent, to 21,858.32. The Nasdaq added 0.6 per cent to 6,256.56.

Benchmark US crude lost 1.0 cent to $48.81 per barrel in electronic trading on the New York Mercantile Exchange. It rose 23 cents to settle at $48.82 a barrel on Friday. 

Brent crude, used to price international oils, slipped 8 cents to $52.02. It rose 20 cents to $52.10 a barrel in London.

The dollar rose to 109.42 yen from 109.19 yen late Friday. The euro climbed to $1.1826 from $1.1823, according to AP.
Editor : A.H.M Moazzem Hossain
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