Asia Up Slightly as Much of Region on Holiday

On a much reduced schedule Monday, Asia stocks saw more muted moves.

The Nikkei 225 jumped 235.25 points, or 0.8%, Monday to 30,089.25.

The Japanese yen traded at 110.57 per U.S. dollar, following an earlier low of 110.74 against the greenback.

In South Korea, shares of LG Electronics dropped 2.5%. The firm announced Monday that it is closing its mobile business unit to focus resources in “growth areas” such as electric vehicle components.

The Australian dollar changed hands at $0.7623, above levels below $0.756 seen last week.

In other markets

In Singapore, the Straits Times index gained 28.06 points, or 0.9%, to 3,209.74.

In Korea, the Kospi index added 8.03 points, or 0.3%, to 3,120.83.

Stock markets in Shanghai, Taiwan, New Zealand and Australia remained closed for the Easter long weekend.