Asian markets ended higher on Monday, although trading volumes remained thin in the wake of lackluster cues from Wall Street, a failed coup attempt in Turkey and a public holiday in Japan for Marine Day. Turkey has arrested 6,000 people after a failed coup attempt, with President Erdogan vowing to purge state bodies of the ‘virus’ that caused the revolt. The Turkish government moved swiftly to ‘clean up the army’ and re-establish control, with the country's central bank promising unlimited liquidity to banks and its deputy prime minister posting on Twitter that there's ‘no need to worry’. Chinese shares bucked the regional uptrend to end slightly lower after data showed average housing prices in China rose at a slower pace in June from the previous month.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,043.56 | -10.73 | -0.35 |
Hang Seng | 21,803.18 | 143.93 | 0.66 |
Jakarta Composite | 5,127.50 | 17.32 | 0.34 |
KLSE Composite | 1,670.84 | 2.44 | 0.15 |
Nikkei 225 | - | - | - |
Straits Times | 2,928.76 | 3.41 | 0.12 |
KOSPI Composite | 2,021.11 | 3.85 | 0.19 |
Taiwan Weighted | 9,008.21 | 58.36 | 0.65 |