SINGAPORE — Shares in Asia-Pacific were mixed in Tuesday trade, as investors monitored technology stocks regionally after their counterparts declined overnight on Wall Street.
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.37%.
On the earnings front, HSBC said Tuesday its reported profit before tax for 2020 fell 34% from a year ago to $8.8 billion. It also declared an interim dividend of 15 cents per share.
The bank’s profit was above analyst expectations of $8.3 billion for the whole of last year, based on estimates compiled by the London-headquartered bank. Shares of HSBC in Hong Kong were up more than 3% by Tuesday afternoon.
Markets in Japan are closed on Tuesday for a holiday.
Technology shares on watch
Technology shares in Asia were mixed in Tuesday trade, with Hong Kong-listed shares of Alibaba down 1.36% by the afternoon. Xiaomi dropped 2.93% and Kuaishou plunged 3.86%. Tencent’s stock, on the other hand, edged 0.56% higher and Meituan gained 0.45%. South Korea’s LG Electronics fell about 4.5% while Samsung Electronics climbed 0.12%.
Oil prices rise
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 90.019 following an earlier low of 89.943.
The Japanese yen traded at 105.03 per dollar, stronger than levels above 105.6 against the greenback seen yesterday. The Australian dollar changed hands at $0.7916, largely holding on to gains following its surge late last week from around $0.777.
— CNBC’s Yen Nee Lee contributed to this report.