Asian Markets Diverge as Oil
Photo: Hiro Komae/AP/TT

Asian Markets Diverge as Oil Prices Fall at Start of the Week

The leading Asian indices are moving in different directions at the start of the week. Meanwhile, oil prices are falling.

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In Tokyo, Japan, the Nikkei 225 was down 0.7 percent at noon, while the broader Topix was up 0.3 percent.

In South Korea, the Kospi was down 1.4 percent.

The Chinese stock exchanges in Shenzhen and Shanghai both fell, by 1.1 and 0.2 percent, respectively. Hong Kong's Hang Seng rose 0.4 percent.

Oil prices are starting the new week lower. The December North Sea oil futures contract was down 2.2 percent at $114.1 per barrel overnight, according to CNBC.

AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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