Sat, 21 May 2022

SYDNEY, NSW, Australia - Stocks in Asia were mostly higher Monday, although the Hang Seng in Hong Kong lagged.

The U.S. dollar clawed back some of its recent losses. U.S. stock markets are closed on Monday in observance of the Martin Luther King Jnr. holiday.

At the close in Tokyo, the Nikkei 225 was ahead 209.24 points or 0.74 percent at 28,333.52.

China;'s Shanghai Composite advanced 20.41 points or 0.58 percent to 3,541.67.

The Australian All Ordinaries gained 22.20 points or 0.29 percent, to close Monday at 7,739.30.

The Hang Seng in Hong Kong, going against the trend, lost 165.29 points or 0.68 percent to finish Monday at 24,218.03.

The euro was sold down to 1.1419 approaching the Sydney close Monday. The British pound slipped to 1.3673. The Japanese yen was slightly weaker at 114.48. The Swiss franc eased to 0.9145.

The Canadian dollar dipped to 1.2541. The Australian dollar was weaker at 0.7205. The New Zealand dollar fell to 0.6804.

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