Asian equity markets made a mixed closing on Monday despite Wall Street shares closing at fresh record highs on Friday after the release of upbeat corporate earnings results as well as solid GDP data. Chinese stocks posted their biggest one-day slide in 11 weeks, dented by expectations of a new wave of initial public offerings and a further rise in bond yields, signaling tighter liquidity. Meanwhile, Japanese shares ended on a flat note ahead of key central bank meetings. The BOJ will announce its interest rate decision on Tuesday while the US Federal Reserve ends its two-day policy meeting on Wednesday. The Bank of England will also announce its interest rate decision on Wednesday.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,390.34 | -26.48 | -0.77 |
Hang Seng | 28,336.19 | -102.66 | -0.36 |
Jakarta Composite | 5,974.08 | -1.20 | -0.02 |
KLSE Composite | 1,748.35 | 2.22 | 0.13 |
Nikkei 225 | 22,011.67 | 3.22 | 0.01 |
Straits Times | 3,375.97 | -10.47 | -0.31 |
KOSPI Composite | 2,501.93 | 5.30 | 0.21 |
Taiwan Weighted | 10,756.87 | 47.76 | 0.45 |