Asian Market Update

Asian markets mostly rose Monday on the first full day of trade after the Christmas break, with confidence boosted by Chinese easing measures and another Wall Street record.

Shares in AirAsia tumbled after one of the budget carrier's jets went missing with 162 people on board Sunday and had still not been found early Monday.

Tokyo added 0.31 per cent, Hong Kong jumped 1.48 per cent, Sydney rose 1.01 per cent and Seoul lost 0.51 per cent while Shanghai rallied 1.26 per cent.