Asian markets end mostly in red on Monday

24 Sep 2018 Evaluate

Asian markets ended mostly in red on Monday as Beijing cancelled upcoming talks with the Washington and a new round of tariffs between China and the United States came into effect, ending hopes of a resolution to the trade dispute. Washington had announced 10 percent duties on $200 billion of Chinese imports, which prompted Beijing to respond with tariffs on $60 billion of US goods. On Friday, the Wall Street Journal reported that China had called off planned trade talks with the US in the wake of a new round of duties. Meanwhile, trading activity was subdued as markets in Japan, South Korea, China and Taiwan were closed for public holidays.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	-	-	-
Hang Seng	27,499.39	-454.19	-1.65
Jakarta Composite	5,882.22	-75.52	-1.28
KLSE Composite	1,800.17	-10.47	-0.58
Nikkei 225	-	-	-
Straits Times	3,219.16	1.48	0.05
KOSPI Composite	-	-	-
Taiwan Weighted	-	-	-

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