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MoneyWorks4Me

Asian markets end mostly in green on Monday

18 Dec 2017 Evaluate

Asian equity markets ended mostly in green on Monday after data showed Japan's export growth accelerated in November. Japanese shares ended higher as the yen weakened on optimism about Republican lawmakers passing tax reform legislation in the US and the legislation will reduce corporate as well as individual tax rates and is intended to boost growth in the world's largest economy. Further, chinese shares finished marginally higher. House prices in majority of the Chinese cities increased in November, figures from the National Bureau of Statistics showed today. On a monthly basis, house prices climbed in 50 cities out of 70 surveyed by the government.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,267.92

1.79

0.05

Hang Seng

29,050.41

202.30

0.70

Jakarta Composite

6,133.96

14.54

0.24

KLSE Composite

1,751.64

-1.43

-0.08

Nikkei 225

22,901.77

348.55

1.55

Straits Times

3,414.82

-2.12

-0.06

KOSPI Composite

2,481.88

-0.19

-0.01

Taiwan Weighted

10,506.52

15.08

0.14