Asian trading mixed amid lingering trade tension worries

Published: October 01, 2018 12:02:34 | Updated: October 03, 2018 12:15:21


File Photo (Collected)

Asian share markets were mixed on Monday after US markets wrapped up their best quarter in almost five years, but sentiment was clouded by lingering worries over global trade tensions.

Japan's benchmark Nikkei 225 added 0.6 per cent in morning trading to 24,277.51. Australia's S&P/ASX 200 lost nearly 0.6 per cent to 6,169.00.

South Korea's Kospi edged less than 0.1 per cent lower to 2,340.25. Markets in Hong Kong and the Chinese mainland were closed for National Day holidays, reports AP.

The S&P 500 index was flat at 2,913.98. The Dow Jones Industrial Average rose 0.1 per cent to 26,458.31. The Nasdaq composite added less than 0.1 per cent, to 8,046.35.

The Russell 2000 index of smaller-company stocks gained 0.4 per cent to 1,696.57.

Benchmark US crude jumped 34 cents to $73.59. It rose 1.6 per cent to $73.25 per barrel in New York on Friday. Brent crude, used to price international oils, added 48 cents to $83.21 per barrel in London.

The dollar rose to 113.88 yen from 113.69 yen on Friday. The euro fell to $1.1597 from $1.1605.

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