Asia-Pacific stocks mixed; bitcoin surges more than 9% following Musk comments

Shares in Asia-Pacific were mixed in Monday morning trade, with multiple major markets in the region closed for holidays.

The Nikkei 225 in Japan rose 0.35% in early trade while the Topix index gained 0.16%. South Korea’s Kospi dipped fractionally.

Over in Southeast Asia, the Straits Times index slipped 0.15%.

MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.13% lower.

In the cryptocurrency space, bitcoin jumped more than 9% to trade at $39,140.59, as of 9:58 p.m. ET Sunday. Those gains came after Tesla CEO Elon Musk said the electric vehicle maker will resume bitcoin transactions once it confirms ” reasonable (~50%) clean energy usage by miners with positive future trend.”

Looking ahead, Japan’s industrial production data for April is expected at 12:30 p.m. HK/SIN on Monday.

Markets in Australia, mainland China and Hong Kong are closed on Monday for holidays.