Asian shares mostly up cheered by Wall Street buying spree
AP
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Asian shares were mostly higher Monday after a buying spree on Wall Street kept up investor optimism into a new week, despite continuing worries about trade tensions.

VCG31N1062353032.jpg(File photo: VCG)

In Asia:

The Shanghai Composite Index opened at 2,681.90 points, up 2.79 points, or 0.10 percent.

The Shenzhen Component Index opened at 8,050.55 points, down 11.74 points, or 0.15 percent.

The Hang Seng Index opened at 26,278.87 points, up 95.34 points, or 0.36 percent.

The S&P/ASX 200 index opened at 5,693.20 points, down 37.40 points, or 0.65 percent.

The 225-issue Nikkei Stock Average opened at 21,679.03 points, down 1.31 points, or 0.01 percent.

The Straits Times Index opened at 3,084.34 points, up 0.74 points, or 0.02 percent.

The Korea Composite Stock Price Index opened at 2,096.13 points, up 3.73 points, or 0.18 percent.

WALL STREET: 

The S&P 500 index rose 6.07 points, or 0.2 percent, to end the week at 2,736.27. The Dow Jones Industrial Average gained 123.95 points, or 0.5 percent, to 25,413.22. The Nasdaq composite slid 11.16 points, or 0.2 percent, to 7,247.87. The Russell 2000 index of smaller companies picked up 3.41 points, or 0.2 percent, to $1,527.53. But the S&P 500, which finished higher for the second straight day, ended the week with a loss of 1.6 percent.

ENERGY: 

Benchmark US crude oil added 83 cents to $57.51 a barrel. Brent crude, used to price international oils, gained 74 cents to $67.50.

CURRENCIES: 

The dollar fell to 112.69 yen from 113.26 yen late Friday. The euro strengthened to $1.1410 from $1.1339.

The central parity rate of the Chinese currency yuan strengthened 132 basis points to 6.9245 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.