Asian shares little changed in post-Christmas trading

AP News
|
Posted: Dec 25, 2017 10:49 PM
Asian shares little changed in post-Christmas trading

BEIJING (AP) — Major Asian stock markets were little-changed Tuesday in light trading after the Christmas holiday.

The Shanghai Composite Index gained less than 1 point to 3,280.12 and Japan's Nikkei 225 declined by a similar narrow margin to 22,938.40.

Seoul's Kospi gained 0.1 percent to 2,443.26 while Sydney's S&P-ASX 200 shed 0.2 percent to 3,377.92. Taiwan's benchmark declined.

U.S. markets were closed Monday for Christmas after stocks finished slightly lower Friday in subdued trading. Stocks were below the record highs they reached earlier in the week but still finished higher for the fifth week in a row.

U.S. shares were on pace to finish every month of the year with gains, when dividends are included.

Benchmark U.S. crude gained 2 cents to $58.49 per barrel in electronic trading on the New York Mercantile Exchange. The contract rose 11 cents to $58.47 on Friday. Brent crude, which is used to price international oils, shed 2 cent to $64.71 in London. It gained 30 cents the previous session to $64.73.

Recommended
The Latest Demands From Ford
Cortney O'Brien

The dollar rose to 113.29 yen from 113.28 yen. The euro held steady at $1.1872.