Asian markets opened mixed with a most trading flat after Friday’s extreme sell-off caught everyone off guard. The Chinese index was down over 5% as other markets followed owing to huge profit booking that took place after a stupendous run in 2019.
Meanwhile, all eyes on progress & implementation of positive trade talks between US & China.
Japan’s Nikkei 225 see-sawed between gains and losses to trade up 0.16%, the Topix index added 0.35%. In South Korea, the Kospi reversed early advances to trade down 0.29%.
US crude rose 0.41% to $56.30 a barrel on Monday morning while international benchmark Brent was up 0.18% at $65.86.