Asian markets slip; Shanghai Composite, Hang Seng down

US markets shut on Monday for the President’s Day holiday, traders looked to Europe for trading cues, where stocks closed higher, led by a 1 percent gain in the UK’s FTSE 100.

China’s Shanghai Composite declined 0.45 percent or 9.66 points at 2,125.75

Hong Kong’s Hang Seng fell 0.24 percent or 53.83 points at 22,482.11.

Singapore’s Straits Times was down 0.15 percent or 5.47 points at 3,064.71

South Korea’s Seoul Composite shed 0.40 percent or 7.84 points at 1,938.52.

Taiwan’s Taiwan Weighted was flat at 8,514.79

Japan’s Nikkei rose 0.85 percent or 122.48 points at 14,515.59.

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