UPDATED SUN, MAR 26 2023 10:11 PM EDT

Asia markets trade mixed as banking sector stress lingers

Jihye Lee

Lim Hui Jie

This is CNBC's live blog covering Asia-Pacific markets.

A Cruise Ship next to Hong Kong Skyline on March 21, 2023 in Hong Kong, China. (Photo by Vernon Yuen/NurPhoto via Getty Images)

Nurphoto | Nurphoto | Getty Images

Asia-Pacific markets were mixed on Monday as investors continue to assess the impact of the banking troubles in the U.S and Europe.

On Friday, Deutsche Bank saw a selloff of its U.S.-listed shares, after the German lender's credit default swaps jumped, without an apparent catalyst.

In Australia, the S&P/ASX 200 rose 0.23%, while Japan's Nikkei 225 also gained 0.31% and the Topix climbed 0.39%.

However, Hong Kong markets led losses in the region, with the Hang Seng index sliding 1.6% and the Hang Seng Tech index shedding 1.69%

South Korea's Kospi and Kosdaq were both down, falling by 0.38% and 0.43% respectively.

In mainland China, the Shanghai Composite was 0.12% down, but the Shenzhen Component was marginally up.

TICKER	COMPANY	NAME	PRICE	CHANGE	%CHANGE
.N225	Nikkei 225 Index	NIKKEI	27,485.10	+99.85	+0.36%
.HSI	Hang Seng Index	HSI	19,587.25	-328.43	-1.65%
.AXJO	S&P/ASX 200	ASX 200	6,972.20	+17.00	+0.24%
.SSEC	Shanghai	SHANGHAI	3,246.87	-18.78	-0.58%
.KS11	KOSPI Index	KOSPI	2,402.80	-12.16	-0.50%
.FTFCNBCA	CNBC 100 ASIA IDX	CNBC 100	8,045.80	-78.63	-0.97%

In the U.S., all three major indices closed higher to record a winning week, with Dow Jones Industrial Average gaining 1.2% week-to-date, while the S&P 500 and Nasdaq Composite climbed 1.4% and 1.7%, respectively.

— CNBC's Hakyung Kim, Sarah Min and Alex Harring contributed to this report.

Comments

Who said, Asia includes Hong Kong not being impacted?  Where are the real safe havens？