Asia-Pacific stocks mixed as investors monitor Covid situation in India – CNBC

SINGAPORE — Shares in major Asia-Pacific markets were mixed in Monday morning trade as investors continue to watch the Covid situation in India.

In Japan, the Nikkei 225 gained 0.2% while the Topix index rose 0.13%. South Korea’s Kospi advanced 0.48%.

Mainland Chinese stocks also rose, with the Shanghai composite up 0.18% and the Shenzhen component gaining 0.602%. Hong Kong’s Hang Seng index, on the other hand, shed 0.15%.

Over in Australia, the S&P/ASX 200 sat fractionally lower.

MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.31% higher.

Covid in India

Currencies and oil

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 90.761 following a recent drop from above 91.2.

The Japanese yen traded at 107.78 per dollar, weaker than levels around 107.5 against the greenback seen late last week. The Australian dollar changed hands at $0.7764, against an earlier low of $0.7732.

Oil prices were little changed in the morning of Asia trading hours, with international benchmark Brent crude futures down slightly to $66.07 per barrel. U.S. crude futures slipped fractionally to $62.11 per barrel.

— CNBC’s Amanda Macias contributed to this report.