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Thursday, May 2, 2024

Asian shares fall as markets watch omicron, central banks

Asian shares are mixed, with Shanghai gaining after reopening from the Lunar New Year holidays

TOKYO — Asian shares fell Monday, though Shanghai’s benchmark jumped after markets reopened from the Lunar New Year holidays.

Tokyo, Seoul, Sydney and Hong Kong declined despite an unexpectedly positive U.S. jobs report on Friday.

Investors were watching for moves by central banks in India, Indonesia and Thailand, which are all set to decide on monetary policy within the week.

This week brings earnings reports from some of the region’s biggest companies, including Japanese automakers. They may provide updates on shortages of computer chips and other disruptions and pressures related to the pandemic.

Japan’s benchmark Nikkei 225 lost 0.8% in morning trading to…

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