Skip to main content

MoneyWorks4Me

Asian markets end mostly in green on Monday

21 Dec 2015 Evaluate

Asian equity markets ended mostly in green on Monday as Chinese shares climbed to the highest level in almost four weeks after the government took unprecedented measures to prop up equities and speculation grew policy makers will take more steps to bolster the economy. Hong Kong stocks were also firm, bolstered by Chinese companies, as strength in the Chinese equity market helped investors shrug off the gloom in US and European stocks in the wake of last week's post-Fed rate hike rally. However, Japanese stocks edged down in thin trading after the yen gained against the dollar, putting pressure on exporters after the Bank of Japan disappointed markets with minor adjustments to its massive stimulus program.

Asian IndicesLast Trade             Change in Points

Change in %  

Shanghai Composite3,642.47 63.511.77
Hang Seng21,791.6836.120.17
Jakarta Composite4,490.6822.030.49
KLSE Composite1,629.09-14.81-0.90
Nikkei 22518,916.02-70.78-0.37
Straits Times2,845.55 -7.29-0.26
KOSPI Composite1,981.195.870.30
Taiwan Weighted8,282.17 24.850.30