Asian stocks mixed; Oil prices jump more than 10%

Asian stocks were mixed in Monday afternoon trade, as oil prices surged following drone attacks over the weekend that hit major oil production facilities in Saudi Arabia.

Asian stocks

  • The Shanghai composite up 0.1%
  • The Shenzhen component gained 0.34%.
  • Shenzhen composite added 0.503%.
  • Hong Kong’s Hang Seng index shed 1%.
  • Shares of Hong Kong Exchanges and Clearing slipped 2.08%.
  • Australia’s S&P/ASX 200 was fractionally higher.
  • MSCI Asia ex-Japan index traded 0.35% lower.

Currencies

  • The U.S. dollar index, which tracks the greenback against a basket of its peers, was last at 98.169 after seeing highs above 98.8 last week.
  • The Japanese yen, strengthened to 107.82 against the dollar after seeing lows above 108.0 late last week.
  • The Australian dollar changed hands at $0.6878 after rising from levels below $0.684 in the previous trading week.

 

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