Beijing, Asian stock markets were mixed Monday on 2022's first trading day after Wall Street ended last year with a double-digit gain, the Associated Press reported.

Hong Kong retreated while Seoul gained. Markets in Japan, China and Australia were closed.

The Hang Seng in Hong Kong lost 0.6% to 23,252.69 while Seoul's Kospi rose 0.4% to 2,990.80.

India's Sensex opened up 1% at 58,809.99. Singapore, Jakarta and Malaysia advanced.

Also Monday, Singapore's government announced its economy grew by 7.2% last year, rebounding from the previous year's 5.4% contraction.

In energy markets, benchmark U.S. crude rose 56 cents to $75.77 per barrel in electronic trading on the New York Mercantile Exchange. The contract fell $1.78 on Friday to $75.21. Brent crude, the price basis for international oils, gained 54 cents to $78.32 per barrel in London. It lost $1.75 the previous session to $77.78 per barrel.

The dollar advanced to 115.28 yen from Friday's 115.09 yen. The euro declined to $1.1341 from $1.1383.

Source: Saudi Press Agency