Asian markets end mixed on Monday

Asian equity markets ended mixed on Monday as a retreat in oil prices prompted investors to lock in some profits after three consecutive weeks of gains. Many market watchers are predicting a quiet week ahead in the absence of major economic data from the US and China, and with many markets off for Good Friday. However, Chinese shares rallied to extend gains for a seventh day after authorities signaled a loosening stance toward margin trading and cut borrowing costs for brokerages. Market in Japan was closed for a holiday.