Asian equity markets ended mostly lower on Monday as trade worries persisted and oil prices gave up some of their hefty gains made on Friday after OPEC pledged to increase production by less than the market feared. Chinese shares ended lower as news of a cut in reserve requirement ratio for some banks was offset by lingering trade war fears. Further, Japanese shares ended lower as the yen firmed up in reaction to reports suggesting that the Trump administration plans to put curbs on Chinese investment in US technology firms.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,859.77 | -29.99 | -1.05 |
Hang Seng | 28,961.39 | -377.31 | -1.30 |
Jakarta Composite | 5,859.08 | 37.27 | 0.64 |
KLSE Composite | 1,678.10 | -16.05 | -0.95 |
Nikkei 225 | 22,338.15 | -178.68 | -0.80 |
Straits Times | 3,260.84 | -26.56 | -0.81 |
KOSPI Composite | 2,357.88 | 0.66 | 0.03 |
Taiwan Weighted | 10,786.46 | -112.82 | -1.05 |
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