Asia-Pacific stock markets were largely elevated on Monday, despite weaker-than-expected April U.S. employment forecasts, while oil prices increased.

South Korea's Kospi has been one of the biggest gainers in the first session of the week, gaining 1.63 % to finish at 3,249.30. In Japan, the Nikkei 225 finished the session up 0.55 % at 29,518.34, while the Topix gained 0.99 % to 1,952.27.

Markets in Greater China were combined. The Shanghai Composite rose 0.27 % to 3,427.99, while Shenzhen stocks increased 0.19 % to 2,243.91 at the close. The Hang Seng Index in Hong Kong dipped 0.3 % in late Monday trading.

The highly anticipated U.S. jobs report for April dropped below the estimates last week. According to the report, employers in the United States added 266,000 net payrolls last month, as the rate of unemployment climbed to 6.1 %.

According to James Cheo, Southeast Asia chief investment officer at HSBC Private Banking and Wealth Management, the US employment data would have little effect on investor sentiment.

“I think the employment recovery will be extremely vulnerable... however I think the trend is still the development of jobs, so I don't think it will affect the investing thesis too much, the economic recovery is still quite potent,” Cheo said on CNBC's “Squawk Box Asia” on Monday.

“Of course, these losses would imply that the Federal Reserve would continue to hold interest rates relatively low, and I believe that from that viewpoint, we still are in a kind of goldilocks scenario that is still very responsive for risk assets globally,” he said.

In Australia, retail sales increased 1.3 % from the previous month, falling short of the 1.4 % predicted by experts in a Reuters survey. However, according to a National Australia Bank report, market optimism in the country reached a new peak in April.

On Monday, the ASX 200 concluded 1.3 % higher at 7,172.8.

Oil and currencies

The US dollar was stable at 90.25 a dollar versus a group of peers.

Across the country, the Japanese yen was trading at 108.98 per dollar, while the Australian dollar remained unchanged at $0.7848.

And in the oil sector, US crude futures gained 0.54 % to $65.25 a barrel, even though one of the country's biggest pipelines stays suspended due to a cybersecurity assault. Brent's global standard was up 0.59 % to $68.68 a barrel.