Asian markets ended mostly in green on Monday, after the regional benchmark index capped its first monthly drop since April. China’s stocks rose, sending the benchmark index to a one-week high, amid speculation that the government will accelerate stimulus after an official gauge of the nation’s manufacturing expanded at a slower pace last month. Growth in China’s vast factory sector slackened in August as foreign and domestic demand slowed, stoking speculation that further policy easing would be needed to prevent the economy from stumbling once more. An index of growth in China’s vast manufacturing sector fell from a 27-month high to 51.1 in August. China’s official Purchasing Managers’ Index (PMI) slipped in August from July’s 51.7 slightly missing the median forecast of 51.2. Japanese capital spending fell to an annual rate of 3.0%, from 7.4% in the preceding quarter. Indonesian Trade Balance rose to a seasonally adjusted 0.13B, from -0.30B in the preceding month while Indonesian Inflation fell to a seasonally adjusted 3.99%, from 4.53% in the preceding month. Thai CPI fell to a seasonally adjusted annual rate of 2.09%, from 2.16% in the preceding month.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2235.51 | 18.31 | 0.83 |
Hang Seng | 24752.09 | 10.03 | 0.04 |
Jakarta Composite | 5177.62 | 40.76 | 0.79 |
KLSE Composite | 1866.11 | -9.57 | -0.51 |
Nikkei 225 | 15476.60 | 52.01 | 0.34 |
Straits Times | 3314.13 | -12.96 | -0.39 |
KOSPI Composite | 2067.86 | -0.68 | -0.03 |
Taiwan Weighted | 9513.06 | 76.79 | 0.81 |