Asian equity markets ended mixed on Monday after US President Donald Trump threatened to slap punitive tariffs on all Chinese imports and the Group of G20 finance ministers warned of increased risks to global economic growth. Trump's remarks criticizing the Federal Reserve for raising interest rates and accusations that the European Union and China are manipulating their currencies to gain on edge in global trade also weighed on markets. Japanese shares ended lower as the yen surged against the dollar on speculation the Bank of Japan (BoJ) might announce changes to its ultra-loose monetary policy. Meanwhile, Chinese shares ended higher as banking and industry sectors climbed, but a slump in healthcare shares amid a vaccine scandal capped the gains.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,859.52 | 30.25 | 1.06 |
Hang Seng | 28,256.12 | 31.64 | 0.11 |
Jakarta Composite | 5,915.80 | 43.02 | 0.73 |
KLSE Composite | 1,757.96 | 3.29 | 0.19 |
Nikkei 225 | 22,396.99 | -300.89 | -1.34 |
Straits Times | 3,293.71 | -4.12 | -0.13 |
KOSPI Composite | 2,269.31 | -19.88 | -0.88 |
Taiwan Weighted | 10,946.89 | 14.78 | 0.14 |
