Asian shares make modest gains, capped by weak oil prices

Tokyo, 18 Rabi’I,1437 AH, 29 December,2015 , SPA — Asian shares rose modestly on Tuesday, shrugging off early losses, though worries over China’s slowdown and tumbling oil prices are overshadowing thin year-end trading, AP reported.
Japan’s Nikkei 225 stock index rose 0.5 percent to 18,970.43 and Hong Kong’s Hang Seng added 0.3 percent to 21,990.99. South Korea’s Kospi was 0.1 percent higher at 1,965.81 and the Shanghai Composite Index gained 0.2 percent to 3,539.87. Australia’s S&P/ASX 200 gained 1.0 percent to5,259.00. Shares in New Zealand were higher, Taiwan fell and Southeast Asian shares were mixed.
Oil prices rebounded slightly Tuesday after falling over 3 percent on Monday in New York.
12:07 LOCAL TIME 09:07 GMT