Asian equity markets ended mostly higher on Monday, with Chinese markets leading the surge as traders returned to their desks after the week-long ‘Golden Week’ holidays. Meanwhile, China’s major stock indexes touched 21-month highs following a week-long holiday, boosted by a coming cut in banks’ reserve requirement ratio and last week’s stellar performance in global equity markets. Though, Hong Kong stocks dipped after hitting near 10-year highs last week, as investors took profits in property and financial shares in the wake of a disappointing China services survey and worries on North Korea curbed risk appetites. Trading activity remained light across the region due to holidays in Japan, South Korea and Taiwan.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,374.38 | 25.44 | 0.76 |
Hang Seng | 28,326.59 | -131.45 | - 0.46 |
Jakarta Composite | 5,914.93 | 9.56 | 0.16 |
KLSE Composite | 1,764.03 | 0.03 | - |
Nikkei 225 | - | - | - |
Straits Times | 3,291.56 | 0.27 | 0.01 |
KOSPI Composite | - | - | - |
Taiwan Weighted | - | - | - |