Asia markets mixed, Nikkei up 1.1%, Shanghai down 0.4% – CNBC
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Overnight, oil prices advanced ahead of the April 17 meeting of oil producers in Doha, Qatar, aimed at freezing current output levels. Brent futures added 2.12 percent and U.S. futures tacked on 1.6 percent.
Energy plays in Asia were mixed, with Santos down 1.27 percent, Woodside Petroleum up 0.44 percent and Japan’s Inpex adding 2.66 percent. Mainland Chinese oil plays were mixed, with Sinopec shedding 1.97 percent and PetroChina adding 0.13 percent.
Metal plays in the region were mixed. Mining stocks in Australia were mostly up, with major miners Rio Tinto, BHP Billiton and Fortescue advancing more than 2 percent each. Chinese metal plays were mixed, with Baoshan Steel adding 0.17 percent and Aluminium Corp down 0.87 percent.
Overnight, on the London Metal Exchange, base metals closed mixed, with three month aluminum down 0.8 percent, zinc up 0.3 percent and copper up 0.3 percent, according to Reuters. During Asian hours, base metal prices mostly retreated.
Asia markets mixed, Nikkei up 1.1%, Shanghai down 0.4% – CNBC}