The Asian markets concluded Monday’s trade mostly in red, following losses on Wall Street, while traders keep a wary eye on the Ukraine crisis. Indonesia’s bonds gained, pushing the 10-year yield to a two-week low, after foreign funds boosted holdings this month, adding to last quarter’s record inflows. The global funds raised ownership of local-currency sovereign securities by 12.2 trillion rupiah ($1.1 billion) this month to a record 372.9 trillion rupiah. Shanghai’s economy in the first quarter grew 7% year on year to 531.3 billion yuan ($85 billion), slowing from 7.6% in the previous three months. While the figure was in line with the national trend - China’s GDP growth slowed to 7.4% for the period, from 7.7% in the final quarter of 2013. Japan’s retail sales rose to a seasonally adjusted annual rate of 11.0%, from 3.6% in the preceding month. Hong Kong Trade Balance rose to a seasonally adjusted -50.4B, from -53.7B in the preceding month. Thai Industrial Production fell to a seasonally adjusted -10.4%, from -4.4% in the preceding month.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2003.49 | -33.03 | -1.62 |
Hang Seng | 22132.53 | -91.00 | -0.41 |
Jakarta Composite | 4818.76 | -78.89 | -1.61 |
KLSE Composite | 1855.74 | -5.24 | -0.28 |
Nikkei 225 | 14288.23 | -141.03 | -0.98 |
Straits Times | 3242.71 | -24.86 | -0.76 |
KOSPI Composite | 1969.26 | -2.40 | -0.12 |
Taiwan Weighted | 8809.71 | 35.59 | 0.41 |