Asia-Pacific stocks mixed; multiple regional markets closed for Christmas holidays
SINGAPORE — Shares in Asia-Pacific were mixed in Monday trade, with multiple major markets in the region closed for holidays.
Mainland Chinese stocks edged higher, with the Shanghai composite rising 0.15% while the Shenzhen component gained 0.214%. China’s industrial profits in November jumped 9% from last year, data released by China’s National Bureau of Statistics showed.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded above the flatline.
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 96.083 after recently declining from above 96.3.
The Japanese yen traded at 114.43 per dollar, weaker than levels below 114 seen against the greenback last week. The Australian dollar was at $0.7238 after rising from below $0.72 in the previous trading week.
Oil prices were mixed in the afternoon of Asia trading hours on Monday, with international benchmark Brent crude futures up 0.14% to $76.25 per barrel. U.S. crude futures shed 0.94% to $73.10 per barrel.