
SINGAPORE -- Asian stocks were up Monday amid a general easing in concerns over fiscally-strapped Greece, while resources stocks were lifted by a surge in copper prices after the massive earthquake in Chile. "Markets remain in two minds at the moment. Greece is never far from the headlines, but recent reports of the EU putting together a rescue plan have been greeted positively," said Khoon Goh, senior economist at ANZ bank in Wellington. Australia's S&P/ASX 200 was up 0.9%, Japan's Nikkei 225 was up 0.4% and New Zealand's NZX-50 was 0.3% higher. DJIA futures were up 48 points in screen trade. Markets in South Korea, India and Thailand were closed for public holidays. Resources stocks were higher, on a surge in copper prices after a massive earthquake in Chile, the world's largest copper producing country, on Saturday. While damage to copper mines appear to be limited, the price of the red metal jumped on concerns that supply could be disrupted by damage to infrastructure. "Power and fuel disruptions could take a week or so to address.
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