Asian stocks ended mostly in green on Monday after US lawmakers managed to end a brief government shutdown with a bill raising spending caps and funding the government until March 23. Underlying sentiments remained supported as oil prices rebounded following six straight days of declines. Meanwhile, investors are watching for inflation data from the United States later this week for signs of the intensity of expected US interest rate increases. Chinese shares rebounded, led by small-caps, as some investors hunted for bargains after last week’s ferocious sell-off. The Japanese market was closed for the National Foundation Day holiday.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,154.13 | 24.27 | 0.78 |
Hang Seng | 29,459.63 | -47.79 | -0.16 |
Jakarta Composite | 6,523.45 | 17.93 | 0.28 |
KLSE Composite | 1,830.17 | 10.35 | 0.57 |
Nikkei 225 | - | - | - |
Straits Times | 3,384.98 | 7.74 | 0.23 |
KOSPI Composite | 2,385.38 | 21.61 | 0.91 |
Taiwan Weighted | 10,421.09 | 49.34 | 0.48 |