Asian stocks were steady on Monday as investors awaited the return of major financial markets from the Good Friday holiday, while oil prices spiked on a report the U.S. is likely to ask all importers of Iranian oil to end their purchases or face sanctions.
Equities markets were subdued, with MSCI's broadest index of Asia-Pacific shares outside Japan trading little changed. South Korea's KOSPI rose 0.4 percent and Japan's Nikkei shed 0.2 percent.
The index was within reach of a nine-month peak scaled on Thursday after Chinese economic data beat expectations and eased concerns about the health of the world economy.
Source : Reuters