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 |
