The Asian stock market is traded in the positive territory. Most of the indices of Asia-Pacific Region (APR) were up on Monday after the record figures reached on Wall Street last week, writes Financial Times.
China's Shanghai Composite gained 0.7%, and CSI 300 (composite index of "blue chips" of Shanghai and Shenzhen) rose 1%.
Japan's Nikkei 225 rose 0.1%, the same as the broader index of the Topix, amid the stabilization of the yen. South Korea's KOSPI also rose 0.1%.
At the same time, the Australian S&P/ASX 200 was down 0.2% amid the drop in the value of shares of a number of retailers, including the Super Retail Group Ltd, which fell 2%.
Japan exports in January increased less than expected (1.3%) and recorded a trade deficit above expectations - 1.09 trillion yen. However, because of the oil price recovery, imports returned to growth after 24 months of contraction and jumped by 8.5% on an annualized basis, up to 6.51 trillion yen.
Investors continue to wait for the details of economic policy of the US president Donald Trump, according to CNBC. The lack of clarity in the US and political risks ahead of the presidential elections in France undermined risk appetite, said an analysts of OCBC Bank.
Australian engineering company WorleyParsons reduced capitalization by 12.8%, the most significant pace in 10 months, due to the failure to pay dividends for the first fiscal half-year.
The price of securities of the South Korean Samsung Electronics rose 1.4%.
In Shanghai and Hong Kong, the share price of banks and automotive companies went up, including Bank of Communications, which added 2%, and Great Wall Motor Co., which rose 2.9%.
Shares of Asian oil companies are getting cheaper because of the sharpest weekly decline in oil price during the past month: Australian Oil Search lost 1.7%, and Japan's Inpex fell 0.6%.