Asian shares held to tight ranges on Monday


MSCI's broadest index of Asia-Pacific shares outside Japan was a shade weaker, though it was not too far from a June 2018 peak at 568.84. Australian and New Zealand shares both opened in the red while South Korea's KOSPI was 0.1% up. Japan's Nikkei hovered near a recent 7-month high at 23,360. U.S. stock futures, the S&P 500 e-minis, were down 0.16%.

SYDNEY: Asian shares held to tight ranges on Monday, as did currencies, as investors awaited developments on U.S. fiscal stimulus and coronavirus vaccines amid a resurgence of infections in Europe.

MSCI's broadest index of Asia-Pacific shares outside Japan was a shade weaker, though it was not too far from a June 2018 peak at 568.84.

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