Asian stocks closed mixed on Monday as crude oil prices rebounded after settling nearly 3 percent lower on Friday and the US dollar extended gains made after much stronger than expected June employment data. The report said US non-farm payroll employment jumped by 222,000 jobs in June following an upwardly revised increase of 152,000 jobs in May. Despite the stronger than expected job growth, the unemployment rate inched up to 4.4 percent from 4.3 percent in May. Meanwhile, Chinese shares inched lower as investors awaited a raft of data due out next week. Japanese shares closed higher as a weaker yen helped lifted exporters, helping offset weak current account and core machine orders data. While Japan's current account surplus fell in May for the first time in four months, core machinery orders unexpectedly tumbled in May due to persistent weakness in the services sector, separate reports showed.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,212.63 | -5.32 | -0.17 |
Hang Seng | 25,500.06 | 159.21 | 0.63 |
Jakarta Composite | 5,771.51 | -43.29 | -0.74 |
KLSE Composite | 1,757.13 | -2.80 | -0.16 |
Nikkei 225 | 20,080.98 | 151.89 | 0.76 |
Straits Times | 3,246.35 | 17.34 | 0.54 |
KOSPI Composite | 2,382.10 | 2.23 | 0.09 |
Taiwan Weighted | 10,289.91 | -7.34 | -0.07 |