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Monday, December 12, 2016

Asian markets higher; Nikkei up 1%, ASX and Kospi up 0.3%





Japan's benchmark share index jumped early on Monday as crude prices surged higher on a deal reached at the weekend between OPEC and non-OPEC producers.


The Nikkei 225 surged 0.98 percent at its open, as the yen weakened against the dollar, trading at 115.39 as of 8:05 am HK/SIN, compared to levels around 113 last week.


In Australia, the benchmark ASX 200 was up 0.28 percent, buoyed by its energy sub-index, which was up 2.53 percent.








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