SINGAPORE — Stocks in China led losses as Asia-Pacific shares traded lower on Monday.
Mainland Chinese stocks also fell as the Shanghai composite fell 1% while the Shenzhen component was lower by 1.9%. Hong Kong’s Hang Seng index dropped 1.39%.
In Japan, the Nikkei 225 fell 0.51% while the Topix index declined 0.15%. South Korea’s Kospi was a tad lower by about 0.04%.
Stocks in Australia slipped as the S&P/ASX 200 shed 0.36%.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.85% lower.
Stocks on the move
The Japanese yen traded at 109.53 per dollar, stronger than levels above 110.5 against the greenback seen last week. The Australian dollar changed hands at $0.7598 following turbulent trade last week that saw it swinging from above $0.765 to around $0.759.
Oil prices were little changed in the morning of Asia trading hours, with international benchmark Brent crude futures up fractionally to $63 per barrel. U.S. crude futures traded flat at $59.32 per barrel.