MoneyWorks4Me

Asian markets end mostly higher on Monday

04 Jun 2018 Evaluate
Asian equity markets ended mostly higher on Monday as upbeat manufacturing and jobs data from the US bolstered optimism in the world's largest economy and US President Donald Trump revealed that his summit with North Korean leader Kim Jong Un is back on. US non-farm payroll employment surged up by 223,000 jobs in May after climbing by a downwardly revised 159,000 jobs in April. The jobless rate edged down to 3.8 percent from 3.9 percent in April, the lowest since a matching rate in April 2000. Japanese shares ended higher, with a weaker yen and solid data from the US buoying investors’ sentiments. Further, Chinese stocks closed higher even as trade worries persisted after China warned that it will withdraw from commitments made so far on trade if US President Donald Trump carries out his threat to impose tariffs on the Asian country.
 

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,091.19

16.05

0.52

Hang Seng

30,997.98

505.07

1.66

Jakarta Composite

6,014.82

31.23

0.52

KLSE Composite

1,755.17

-1.21

-0.07

Nikkei 225

22,475.94

304.59

1.37

Straits Times

3,467.48

39.97

1.17

KOSPI Composite

2,447.76

8.80

0.36

Taiwan Weighted

11,109.50

160.42

1.47