Hong Kong Shares Claw Back Out Of The Red

Hong Kong stocks finished on Monday with small gains, reversing a morning sell-off, but investors remain on edge after a weekend of protests in the city against a controversial security law proposed by Beijing.

The Hang Seng Index added 0.1 percent, to 22,952.

On the mainland, the Shanghai Composite Index added 0.2 percent, to 2,817 while the Shenzhen Composite Index lost 0.1 percent, to 1,750.

Tokyo ended 1.7 percent higher, while Sydney added more than 2 percent, with Wellington and Seoul more than 1 percent higher. Taipei and Bangkok were also higher.

"Global investors are continuing to map the reopening of global economies to the overall risk narrative," said Stephen Innes of AxiCorp.

"The global stock markets are moving higher with positive changes in mobility data. According to recent mobility data, the global economy has taken a giant step toward normality in the last week."

Oil prices bounced back from an early sell-off, winning support from the easing of lockdowns and huge output cuts by key producers. (AFP)