Japanese share prices ticked up on Monday, erasing initial losses, after Hong Kong shares gained after Hong Kong’s leader indefinitely delayed an unpopular extradition bill that would allow citizens to be sent to mainland China for trial.

Still, uncertainties over the global economy, U.S.-China trade frictions and the U.S. Federal Reserve’s policy stance kept many investors on sidelines.

Japan’s Nikkei share average rose 0.11% to 21,140 but the broader Topix was down 0.24% at 1,543.06.

The market got a brief boost after Hong Kong’s Hang Seng Index opened sharply higher after the territory’s leader Carrie Lam climbed down on the extradition bill during the weekend.

Source : Reuters