Asian Shares Rise

Shares were mostly higher in Asia on Monday, after a report Friday showed resilience in the US jobs market, the Associated Press reported.

Benchmarks rose in Tokyo and Seoul but fell in Shanghai. Markets were closed in Hong Kong and Sydney after last week ended with Good Friday holidays in many countries. US futures were mixed and oil prices declined.

In Asian trading Monday, Tokyo’s Nikkei 225 index added 0.4% to 27,629.25. In Seoul, the Kospi surged 0.9% to 2,512.28

The Shanghai Composite index gave up early gains, losing 0.2% to 3,322.58. Shares rose in Taiwan but fell in Southeast Asia.

In another trading, US benchmark crude shed 3 cents to $80.67 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude lost 9 cents to $85.03 per barrel.

The dollar rose to 132.69 Japanese yen from 132.16 yen. The euro slipped to $1.0892 from $1.0902

Source: Saudi Press Agency