SINGAPORE — Shares in Asia-Pacific were mixed in Monday trade as investors reacted to the release of HSBC earnings.
Hong Kong’s Hang Seng index rose around 0.1% in afternoon trade. Hong Kong-listed shares of HSBC rose about 1% after the bank on Monday reported a pre-tax profit in the third quarter of 2021 that bested expectations.
The Covid-19 situation in China may have weighed on investor sentiment regionally after an official warned that the outbreak could spread further, Reuters reported Sunday.
Stocks in Australia edged higher, with the S&P/ASX 200 up 0.41%.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded mildly higher.
Oil prices rise
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 93.514 after touching an earlier high of 93.689.
The Japanese yen traded at 113.63 per dollar following its strengthening from above 114 against the greenback late last week. The Australian dollar changed hands at $0.7486, off levels above $0.75 seen in the previous trading week.