Asian shares mostly rise amid Trump-Kim summit

Published: June 12, 2018 11:48:24 | Updated: June 13, 2018 16:09:42


Asian shares were edged up on Tuesday but little changed as market players tried to digest the summit between President Donald Trump and North Korean leader Kim Jong Un in Singapore.

Japan's benchmark Nikkei 225 was up 0.3 per cent in early trading at 22,867.41. Australia's S&P/ASX 200 was also up nearly 0.3 per cent at 6,061.30.

South Korea's Kospi was virtually unchanged at 2,468.37 after fluctuating earlier in the day. Hong Kong's Hang Seng's rose 0.2 per cent to 31,120.23, while the Shanghai Composite index recouped earlier losses to be up less than 0.1 per cent at 3,054.22, reports AP.

The Dow Jones industrial average rose 5.78 points, or less than 0.1 per cent, to 25,322.31. The S&P 500 index rose 2.97 points, or 0.1 per cent, to 2,782.00.

The Nasdaq composite gained 14.41 points, or 0.2 per cent, to 7,659.93.

Benchmark US crude rose 3 cents to $66.13 a barrel. It was up 36 cents to $66.10 per barrel Monday in electronic trading on the New York Mercantile Exchange.

Brent crude, used to price international oils, lost 9 cents to $76.37 per barrel in London.

The dollar rose to 110.24 yen from 109.48 yen late Monday in Asia. The euro fell to $1.1769 from $1.1799.

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