Asian equity markets ended mostly higher on Monday, with investors shrugging off concerns about trade war and looking ahead to the outcome of a historic meeting between the US President Donald Trump and the North Korean leader Kim Jong Un. However, gains are just modest in most of the markets in the region amid largely thin volumes ahead of crucial monetary policy meetings of the Bank of Japan, European Central Bank, and the US Federal Reserve. Japanese shares ended modestly higher, although volume of business was rather thin. Meanwhile, Chinese shares closed lower, on investor concerns over the liquidity conditions in the market. The markets in Indonesia remain closed for Eid-Ul-Fitr holiday.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,052.78 | -14.36 | -0.47 |
Hang Seng | 31,063.70 | 105.49 | 0.34 |
Jakarta Composite | - | - | - |
KLSE Composite | 1,775.80 | -2.52 | -0.14 |
Nikkei 225 | 22,804.04 | 109.54 | 0.48 |
Straits Times | 3,441.69 | 5.32 | 0.15 |
KOSPI Composite | 2,470.15 | 18.57 | 0.76 |
Taiwan Weighted | 11,149.23 | -7.19 | -0.06 |