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Asian markets end mostly lower on Monday

25 Apr 2016 Evaluate

Asian equity markets ended mostly lower on Monday as oil prices fell after three weeks of gains and concerns intensified over dangers to China's debt and commodities markets. Investors remain on the sidelines as they await the outcome of various central bank meetings scheduled for this week. Chinese shares fell on concerns over risks in debt and commodities markets after the official Xinhua News Agency reported another scam in China's risk-laden shadow banking sector involving about 1 billion yuan ($A199 million) of investor funds. Hong Kong shares fell on worries the risks in China's debt and commodity markets may spread to real estate. Japanese shares fell from an 11-1/2-week high, even as the safe-haven yen hit a three-week low against the dollar on expectations the Bank of Japan could start lending to banks at negative rates after its two-day policy review ending on April 28.

Asian IndicesLast Trade             Change in Points

Change in %  

Shanghai Composite2,946.67 -12.57-0.42
Hang Seng21,304.44 -162.60-0.76
Jakarta Composite4,878.86 -35.88-0.73
KLSE Composite1,714.51 -3.45-0.20
Nikkei 22517,439.30 -133.19-0.76
Straits Times2,900.28 -40.15-1.37
KOSPI Composite2,014.55 -0.94-0.05
Taiwan Weighted8,560.28 24.530.29

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