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MoneyWorks4Me

Asian markets end mostly in green on Monday

23 Oct 2017 Evaluate

Asian equity markets ended mostly higher on Monday after the US Senate approved a budget blueprint that paves the way for tax cuts and Japanese Prime Minister Shinzo Abe's ruling Liberal Democratic Party scored a big win in the nationwide parliamentary election Sunday, paving the way for a continuation of loose monetary policy. Chinese shares finished marginally higher as home-price growth data disappointed investors and markets awaited cues from a key political congress. Further, Japanese shares rallied as the dollar hit a three-month high versus the yen following the weekend election victory for Shinzo Abe.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,380.70

2.05

0.06

Hang Seng

28,305.88

-181.36

-0.64

Jakarta Composite

5,950.03

20.48

0.35

KLSE Composite

1,741.47

0.82

0.05

Nikkei 225

21,696.65

239.01

1.11

Straits Times

3,349.80

9.07

0.27

KOSPI Composite

2,490.05

0.51

0.02

Taiwan Weighted

10,735.21

6.33

0.06