World shares are mixed with most markets closed for May Day, while oil holds steady at USD 111 per barrel

TOKYO: (May 1)  World shares were mixed, and US futures edged higher on Friday, with most markets closed for May Day holidays.

Brent crude’s price rose 83 cents to USD 111.23 per barrel while the US benchmark crude added 12 cents to USD 105.19 per barrel.

Prospects for a deal to cement a three-week ceasefire in the Iran war remained clouded as Iran’s supreme leader said it will protect its nuclear and missile capabilities as a national asset.