© Reuters.
Investing.com – Share markets across the Asian Pacific region opened in a mixed fashion on Tuesday as commodity prices declined due to worries over China’s economic outlook.
By 11:30 am AEDT (12:30 am GMT) The eased 0.1%, the fell 0.4% while the added 0.1%.
US markets remained closed on Monday due to the Presidents’ Day holiday. In the commodities market, prices dipped by 0.2% to US$83.33 a barrel, while saw a slight increase of 0.2% to US$2,017.21.
In the local bond market, yields on Australian 2 Year and 10 Year government bonds dropped to 3.84% and 4.17%, respectively. The Australian dollar rose slightly to 65.38 US cents, while the Wall Street Journal Dollar Index, which measures the US dollar against 16 other currencies, increased to 98.62.
Chinese shares saw a positive close on the first trading day after the Lunar New Year holidays. The benchmark rose 1.6% to 2910.54, with the Shenzhen Composite and the ChiNext Price Index also showing gains. However, Hong Kong shares closed lower, affected by consumer products and property stocks.
The Nikkei Stock Average in Japan closed flat at 38470.38 amid mixed developments. Meanwhile, India’s benchmark Sensex ended higher for the fifth consecutive session, with a 0.4% increase to 72708.16.
In Europe, the advanced 0.2% to 492.39, while the slipped 0.2% to 17,092.26 and the remained flat at 7,768.55. The in the UK closed flat at 7,728.50 points, with no major corporate or economic data releases affecting the market.
