Home Markets Asian markets mixed as oil prices push toward $80 a barrel

Asian markets mixed as oil prices push toward $80 a barrel

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TOKYO — Asian shares were mixed in muted trading on Tuesday as oil prices surged higher after a meeting of oil producing nations was postponed.

Analysts said there was little else guiding markets with the U.S. closed for the Independence Day holiday.

Japan’s benchmark Nikkei 225
NIK,
+0.36%

edged up 0.4% and South Korea’s Kospi
180721,
+0.39%

added 0.5%. Australia’s S&P/ASX 200
XJO,
-0.15%

slipped 0.3%. Hong Kong’s Hang Seng
HSI,
-0.58%

lost 0.6%, while the Shanghai Composite
SHCOMP,
-0.53%

slipped 0.5%. Stocks advanced in Singapore
STI,
+1.18%
,
Taiwan
Y9999,
+0.05%

and Indonesia
JAKIDX,
+0.51%
.

Investors have been trimming holdings of Chinese technology company shares as Beijing tightens oversight of the industry.

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