The Financial Express

Asian shares mixed on Harvey impact fears

| Updated: October 23, 2017 11:00:02

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Asian shares were mixed Monday after gasoline futures spiked after Tropical Storm Harvey battered Texas' refinery-rich Gulf Coast, while investors found no surprises from last week's key meeting of central bankers.


Japan's benchmark Nikkei 225 index slipped 0.1 per cent to 19,430.65 and South Korea's Kospi lost 0.4 per cent to 2,369.29. Hong Kong's Hang Seng climbed 0.7 per cent to 28,038.48.


The Shanghai Composite in mainland China shot up nearly 1 percent to 3,363.80. Australia's S&P/ASX 200 shed 0.7 per cent to 5,703.50.


Major US benchmarks finished slightly higher on Friday. The S&P 500 rose 0.2 per cent to 2,443.05. The Dow Jones industrial average gained 0.1 per cent to 21,813.67.


The Nasdaq composite dipped 0.1 per cent to 6,265.64.


Benchmark US crude fell 16 cents to $47.71 a barrel in electronic trading on the New York Mercantile Exchange. The contract added 44 cents to settle at $47.87 per barrel on Friday.


Brent crude, the international standard, gained 19 cents to $52.18 per barrel.


The dollar fell to 109.18 Japanese yen from 109.36 yen on Friday. The euro eased to $1.1926 from $1.1827.

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