The Asian markets concluded Monday’s trade on a mixed note, as investors took their lead from record highs on Wall Street. Bank Indonesia survey showed that Indonesian consumers were less optimistic in April due to slowing domestic consumption in Southeast Asia’s largest economy. The consumer confidence index fell to 113.9 from the previous reading of 118.2. Indonesia’s two-year bonds gained, driving the sharpest drop in the yield in three weeks, as a narrower current-account deficit boosts bets the central bank is finished raising borrowing costs. China’s new yuan-denominated lending amounted to 774.7 billion yuan in April, less than 1.05 trillion yuan in March. On a year-on-year basis, the volume was down 17.6 billion yuan. Malaysian Industrial Production fell to a seasonally adjusted annual rate of 4.3%, from 6.7% in the preceding month. Japan’s Economy Watchers Current Index fell to a seasonally adjusted 41.6, from 57.9 in the preceding month while Japan’s Current Account fell to a seasonally adjusted -0.78T, from -0.04T in the preceding month.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2052.87 | 41.74 | 2.08 |
Hang Seng | 22261.61 | 398.62 | 1.82 |
Jakarta Composite | 4913.00 | 14.86 | 0.30 |
KLSE Composite | 1866.08 | -0.64 | -0.03 |
Nikkei 225 | 14149.52 | -50.07 | -0.35 |
Straits Times | 3222.43 | -29.70 | -0.91 |
KOSPI Composite | 1964.94 | 8.39 | 0.43 |
Taiwan Weighted | 8808.61 | -81.08 | -0.91 |