Asian equity markets ended mostly in green on Monday as news of the US-China trade talks raised hopes for de-escalation in trade tensions. China and the United States will hold lower-level trade talks this week, just before new US tariffs on $16 billion of Chinese goods take effect. Chinese shares recovered from a 2-1/2-year low to close higher after a report that China’s securities regulators summoned brokerage analysts for views on the market improved investors’ sentiments. Though, Japanese shares ended lower as investors awaited developments from trade talks expected between the United States and China this week.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,698.47 | 29.50 | 1.09 |
Hang Seng | 27,598.02 | 384.61 | 1.39 |
Jakarta Composite | 5,892.19 | 108.39 | 1.84 |
KLSE Composite | 1,787.58 | 4.11 | 0.23 |
Nikkei 225 | 22,199.00 | -71.38 | -0.32 |
Straits Times | 3,204.71 | -4.73 | -0.15 |
KOSPI Composite | 2,247.88 | 0.83 | 0.04 |
Taiwan Weighted | 10,699.05 | 8.09 | 0.08 |
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