Asian equity markets ended mostly higher on Monday as geopolitical worries eased and investors looked ahead to the US Federal Reserve and Bank of Japan's meetings later this week for clues on the direction of monetary policy. Chinese shares ended higher, bolstered by stronger-than-expected loan data that added to views economic growth is holding up well and by the loosening of restrictions on stock index futures trading. China’s financial futures exchange said on Friday it was cutting margin requirements and transaction fees for certain stock index futures contracts, as regulators use an ongoing equity market recovery to relax restrictions imposed during a 2015 crash. The Japanese market was closed for a public holiday.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,362.86 | 9.24 | 0.28 |
Hang Seng | 28,159.77 | 352.18 | 1.27 |
Jakarta Composite | 5,884.61 | 12.22 | 0.21 |
KLSE Composite | 1,783.66 | -2.67 | -0.15 |
Nikkei 225 | - | - | - |
Straits Times | 3,241.85 | 32.29 | 1.01 |
KOSPI Composite | 2,418.21 | 32.14 | 1.35 |
Taiwan Weighted | 10,631.57 | 51.16 | 0.48 |