KUALA LUMPUR: Asian stocks were mostly higher in Monday’s midday trade, in line with the better than expected job data in the US that eased concerns that economic growth would be affected.
At 12.30pm, the FBM KLCI fell 0.02% or 0.35 points to 1,435.32.
As for the regional markets, Tokyo’s Nikkei 225 was up 1.68% to 9,267.26 and Hong Kong’s Hang Seng Index rose 1.32% to 21,248.95.
Shanghai’s A index was up 0.98% to 2,681.46 while Taiwan’s Taiex Index rose 0.74% to 7,888.32.
Seoul’s Kospi Index increased 0.40% to 1,787.14, with Singapore’s Straits Times Index rose 0.25% to 3,010.03.
Nymex crude oil lost 33 cents to US$74.27 per barrel. Spot gold fell US$1.75 to US$1,248.50 per ounce. The ringgit was quoted at 3.113 to the US dollar.