Asian stock markets close Monday mostly higher

Asian stock markets close Monday mostly higher

Tokyo's Nikkei 225, China's Shanghai Stock Exchange increase 0.65% each

By Tuba Sahin

ANKARA (AA) – Major Asian stock markets closed mostly higher on Monday, while trading volume remains low due to the Christmas holiday.

The Asia Dow, which includes blue-chip companies in the region, gained 0.28% to 3,249.81 points.

Tokyo's Nikkei 225 increased 0.65% to close at 26,405.87.

Bank of Japan Governor Haruhiko Kuroda wowed to maintain its ultra-easy monetary policy despite the widening of the yield band.

The widening of the yield band is not, under any circumstances, a first step toward ending the ultra-easy policy, Kuroda stated.

China's Shanghai Stock Exchange increased 0.65% to 3,065.56, while India's Sensex benchmark gained 1.20% to close at 60,566.42.

The Hong Kong and Singapore stock exchanges were closed on Monday due to the Christmas holiday.

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