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The Independent UK
The Independent UK
National
Yuri Kageyama

Asian shares are mostly higher after Wall Street's record week

Asian shares traded mostly higher Monday, cheered by a record finish last week on Wall Street.

Japan's benchmark Nikkei 225 jumped 1.5% in morning trading to 45,729.33, rebounding from the decline late last week over concerns about the Bank of Japan's selling its holdings. Such concerns abated as markets began to see any move as gradual.

Australia's S&P/ASX 200 rose 0.4% to 8,811.10. South Korea's Kospi gained 0.8% to 3,472.82. Hong Kong's Hang Seng slipped 0.9% to 26,306.60, while the Shanghai Composite was little changed, inching up less than 0.1% to 3,821.83.

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