CNBC Pro Stock Selection and Investment Trends:
Hong Kong’s Hang Seng Index fell 0.43%. Alibaba’s shares in Hong Kong fell more than 2%, although Reuters reported on Friday that China’s central bank has accepted the application of Ant Group, a subsidiary of Alibaba, to form a holding company. financial, reactivating hopes of a possible public listing of Ant.
The Nikkei 225 in Japan fell 1.11% while the Topix index fell 0.96%.
The S & P / ASX 200 in Australia fell 0.5%.
The broader Asia-Pacific equities index outside Japan traded 0.44% below.
US markets close on Monday for public holidays. The S&P 500 last week had its worst week since 2020, as investors struggled with the prospect of a possible recession ahead, with major central banks such as the US Federal Reserve raising rates to combat inflation.
Coins and oils
The U.S. dollar index, which tracks the green dollar against a peer-to-peer basket, was at 104,661 after a recent rebound from levels below 104.
The Japanese yen was trading at $ 135, weaker than the levels below $ 132 last week. The Australian dollar changed hands at $ 0.6932 after falling above $ 0.70 late last week.
Oil prices were lower in the morning on the Asian schedule, and Brent crude oil futures fell 0.17% to $ 112.93 a barrel. U.S. crude oil futures fell 0.11% to $ 109.44 a barrel.