Most asian markets shut today; Nikkei up.Today most of the Asian markets shut on Chinese New Year. China, Hong Kong, Singapore, Korea and Taiwan markets shut today.
Japan's Nikkei share average edged higher, extending gains for the fifth straight session, although the failure over the weekend of Greece and its private creditors to reach a deal on avoiding a messy default limited its advance. Only Nikkei was trading up 0.12% or 1093 points at 8,777.29.
Australian shares nudged 0.2 percent lower on Monday as uncertainty over a Greek debt deal pushed investors to reassess positions after a 4.5 percent rise for the main share index so far this year.
Athens needs a deal on the plan, meant to cut 100 billion euros from its debt burden of over 350 billion, in coming days to stay afloat when a major debt redemption falls due in March.
Disappointing data from China that signaled a sluggish start for the metal-consuming giant's manufacturing sector hurt miners. China is Australia's top trade partner and key consumer of its resources. BHP Billiton fell 0.7 percent and Rio Tinto slipped 0.2 pecent.
Athens needs a deal on the plan, meant to cut 100 billion euros from its debt burden of over 350 billion, in coming days to stay afloat when a major debt redemption falls due in March.
Disappointing data from China that signaled a sluggish start for the metal-consuming giant's manufacturing sector hurt miners. China is Australia's top trade partner and key consumer of its resources. BHP Billiton fell 0.7 percent and Rio Tinto slipped 0.2 pecent.
Today most of the Asian markets shut on Chinese New Year. China, Hong Kong, Singapore, Korea and Taiwan markets shut today.
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