Stocks in Asia trade flat, Shanghai up 2.7 pct

SYDNEY, NSW, Australia-stocks in Asia were all over the place on Monday, with major indices in Australia, China, and South Korea barely moving.

The Australian All Ordinaries gained 0.60 of a single point or 0.01 percent, to close Monday at 7,689. 30.

In Seoul, South Korea, the Kospi Composite fell by 0.42 of a point or 0.02 percent to 2,729. 56.

China's Shanghai Composite edged up 2.26 points or 0.07 percent to 3,214, up 2.26 points or 0.07 percent. 50.

In New Zealand, the S&P NZX 50 lost 145.28 points, or 1.21 percent, to 11,909. 72.

Tokyo's Nikkei 225 fell sharply as the Japanese yen continued to collapsing. The key index lost 205.95 points or 0.73 percent to 27,943. 85.

The Hang Seng was up 283 points in the final minutes of trading in Hong Kong.

The U.S. dollar moved higher on foreign currency markets except against the commodity bloc.

During the Asian trading zone, the euro fell to 1.0952. The British pound fell to 1.3147. The Japanese yen was weakened sharply at 123.73. The Swiss Franc fell to 09345.

The Canadian dollar was firmer at 1.2494. The Australian dollar was up to 0.7526. The New Zealand dollar was higher and well bid at 0.6945.