Asian equity markets made a mixed closing on Monday after a US jobs report failed to meet expectations and Islamic terrorism once again stuck the United Kingdom, killing at least seven people and injuring 48 more. Meanwhile, Oil prices rose on the back of news that Saudi Arabia, Bahrain, the United Arab Emirates and Egypt had severed diplomatic ties with Qatar. Saudi Arabia said it had cut ties with Qatar due to reasons related to terrorism. Chinese shares ended lower, with financials and healthcare stocks leading losses, after the China Securities Regulatory Commission allowed four companies to rise up to 1.5 billion yuan (about $220 million) via initial public offerings, despite the positive read from the May Caixin services PMI which rose to 52.8 from 51.5 in April. Japanese shares ended flat, keeping close to a 22-month high scaled at the end of last week as the yen's rise against the dollar stalled.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,091.66 | -13.88 | -0.45 |
Hang Seng | 25,862.99 | -61.06 | -0.24 |
Jakarta Composite | 5,748.24 | 5.79 | 0.10 |
KLSE Composite | 1,787.95 | 11.00 | 0.62 |
Nikkei 225 | 20,170.82 | -6.46 | -0.03 |
Straits Times | 3,238.31 | -1.70 | -0.05 |
KOSPI Composite | 2,368.62 | -3.10 | -0.13 |
Taiwan Weighted | 10,226.84 | 68.69 | 0.68 |
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