Asian shares rise
Asian shares rose on Monday, AP reported.
The Nikkei 225 index jumped 4.2% to 18,576.30. Hong Kong’s Hang Seng rose 2.3% to 23,758.32. South Korea’s Kospi added 3.6% to 1,787.02, while the S&P/ASX 200 in Sydney advanced 3.6% to 5,302.20. Shares also rose in Southeast Asia. Shanghai’s market was closed for a public holiday.
Benchmark U.S. crude was lower on Monday, falling 57 cents to $27.77 per barrel in electronic trading on the New York Mercantile Exchange. On Friday, it climbed 11.9% to $28.34 per barrel, adding on to its nearly 25% surge the day before.
Brent crude, the international standard, gave up 41 cents to $33.70 per barrel. It rose $4.17 on Friday to $34.11 a barrel.
In currency trading, the dollar rose to 109.09 Japanese yen from 108.48 yen on Friday. The euro edged higher, to $1.0826 from $1.0812.
Source: Saudi Press Agency