Asian markets were broadly higher on Monday, AP reported. Hong Kong's Hang Seng surged 2.8 percent to 27,250.48 and the Shanghai Composite index jumped 2.9 percent to 2,663.45. Japan's Nikkei 225 index climbed 1.4 percent to 22,679.19 and the Kospi in South Korea jumped 1.8 percent to 2,135.15. The S&P ASX/200 in Australia added 1.8 percent to 5,767.50. Shares rallied in Singapore, Indonesia and Benchmark U.S. crude rose $2.70 to $53.63 per barrel in electronic trading on the New York Mercantile Exchange. It lost 52 cents to finish at $50.93 a barrel on Friday. Brent crude gained $2.87 to $62.33 per barrel. It dropped 45 cents to $59.46 a barrel in London. The dollar rose to 113.59 yen from 113.51 yen late Friday. The euro strengthened to $1.1347 from $1.1320.
