Asian equity markets ended mostly in green on Monday as investors digested cheering economic news out of China and Japan. The survey of Chinese manufacturing from Caixin found output at a three-month high in June, while Japan's official 'tankan' snapshot of business sentiment showed levels of cheer at their highest for more than three years. Meanwhile, investors awaited cues from this week's G20 summit, the Wednesday release of Fed minutes and the US nonfarm payrolls report to be released on Friday. Japanese shares closed marginally higher as upbeat business sentiment figures helped offset the Liberal Democratic Party's disastrous defeat in the Tokyo metropolitan assembly election. Also, the yen erased gains after surging higher earlier in the day.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,195.91 | 3.49 | 0.11 |
Hang Seng | 25,784.17 | 19.59 | 0.08 |
Jakarta Composite | 5,910.24 | 80.53 | 1.38 |
KLSE Composite | 1,768.67 | 5.00 | 0.28 |
Nikkei 225 | 20,055.80 | 22.37 | 0.11 |
Straits Times | 3,223.46 | -3.02 | -0.09 |
KOSPI Composite | 2,394.48 | 2.69 | 0.11 |
Taiwan Weighted | 10,412.79 | 17.72 | 0.17 |