Asian shares mostly lower; Nikkei rises

| Updated: November 16, 2017 11:04:24

File Photo (Reuters) File Photo (Reuters)

Asian shares were mostly lower Tuesday as markets watched for tax reform developments in the US and digested economic data from China.

Japan's benchmark Nikkei 225 recouped earlier gains to end the morning session at 22,441.24, up 0.3 per cent. Australia's S&P/ASX 200 fell 0.9 per cent to 5,967.50.

Kospi edged down 0.2 per cent to 2,524.60. Hong Kong's Hang Seng was little changed at 29,180.64, while the Shanghai Composite lost 0.3 per cent to 3,436.93, reports AP.

The S&P 500 index rose 0.1 per cent to 2,584.84. The Dow Jones industrial average gained 0.1 per cent to 23,439.70. The Nasdaq composite 0.1 per cent to 6,757.60.

Benchmark US crude lost 12 cents to $56.64 per barrel in electronic trading on the New York Mercantile Exchange. It gained 2 cents to $56.76 on Monday.

Brent crude, used to price international oils, slipped 21 cents to $62.95 a barrel in London.

The dollar rose to 113.62 yen from 113.30 yen on Friday. The euro strengthened to $1.1672 from $1.1656.

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