Asian markets end mostly higher on Monday

14 May 2018 Evaluate

Asian equity markets ended mostly higher on Monday as the United States and China prepared to continue trade talks in Washington. Investors held hopes for a thaw in US-China trade tensions after US President Donald Trump said on Sunday that he will help Chinese technology company ZTE Corp. ‘get back into business, fast,’ as it was hurt by a US ban. Chinese shares ended higher as trade tensions eased and investors awaited MSCI's final A-share inclusion list. Further, Japanese shares hit a 3-1/2 month high as the yen slipped against its major counterparts on improved risk appetite and cosmetics maker Shiseido posted better-than-expected earnings.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	3,174.03	10.77	0.34
Hang Seng	31,541.08	419.02	1.35
Jakarta Composite	5,947.16	-9.68	-0.16
KLSE Composite	1,850.42	3.91	0.21
Nikkei 225	22,865.86	107.38	0.47
Straits Times	3,562.46	-7.71	-0.22
KOSPI Composite	2,476.11	-1.60	-0.06
Taiwan Weighted	10,952.39	93.41	0.86

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