Japan’s Nikkei and the Shanghai Composite Index nudge up nearly 1% helped by expectations central banks will ease monetary policy
Shares in Chinese and other Asian markets began the week on a firmer note, extending gains from Friday after a rally in battered oil prices prompted a rise in global equities.
Other stock markets in Asia also rose on Monday, with Japan’s Nikkei nudging 1% higher and MSCI’s broadest index of Asia-Pacific shares outside Japan up 1.6%, helped by expectations that global central banks, including the People’s Bank of China, will ease monetary policy further if needed.
Related: Asian stock markets rebound on hopes of more stimulus – business live