Asian Shares Higher, Many Markets Closed for Lunar New Year
BANGKOK (AP) Shares were higher in Asia on Monday, but most markets were closed for the Lunar New Year holiday, with markets in Shanghai shut for the whole week.
Tokyo's Nikkei 225 index added 1.1% to 26,852.85 and the S&P/ASX 200 in Sydney edged 0.1% higher, to 7,456.90. The gains followed a rally Friday for tech stocks that countered worries about the weakening U.S. economy.
In other trading, U.S. benchmark crude oil lost 35 cents to $81.29 per barrel in electronic trading on the New York Mercantile Exchange. It gained $1.03 to $81.64 per barrel on Friday.
Brent crude, the price benchmark for international trading, gave up 40 cents to $87.23 per barrel.
The U.S. dollar slipped to 129.14 Japanese yen from 129.59 yen. The euro rose to $1.0905 from $1.0868.
Continue read on usnews.com
