The Asian markets made mostly a positive close on Monday as commodity prices advanced, though Hang Seng led the gainers, Japanese market too remained in jubilant mood since morning, hitting a fresh 21-year high and ending up by around half a percent, as yen stayed flat against the dollar amid expectations that Shinzo Abe will win another majority in the House of Representatives election held on Sunday. Traders got some encouragement with finance ministers from around the world expressed their desire for lower interest rates at a weekend meeting of the International Monetary Fund. However, the Chinese shares ended slightly lower even as inflation figures matched forecasts and People's Bank of China Governor Zhou Xiaochuan said the economy is set to achieve 7 percent growth in the second half of the year on rapid growth in household consumption.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,378.47 | -12.05 | -0.36 |
Hang Seng | 28,692.80 | 216.37 | 0.76 |
Jakarta Composite | 5,949.70 | 25.58 | 0.43 |
KLSE Composite | 1,754.37 | -0.95 | -0.05 |
Nikkei 225 | 21,255.56 | 100.38 | 0.47 |
Straits Times | 3,319.11 | 16.02 | 0.49 |
KOSPI Composite | 2,480.05 | 6.43 | 0.26 |
Taiwan Weighted | 10,774.21 | 50.12 | 0.47 |