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Asian markets end mostly higher on Monday

22 Oct 2018 Evaluate

Asian markets ended mostly higher on Monday as China surges on hopes for more stimulus, while caution prevailed elsewhere across Asia on geopolitical concerns over Saudi Arabia, Italy and Brexit. Japanese shares ended with modest gains on expectations that China will step up economic stimulus in the months ahead. Chinese stocks extended Friday’s rally as authorities took steps to support the market after the release of weaker-than-expected GDP data.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,654.88

104.41

3.93

Hang Seng

26,153.15

591.75

2.26

Jakarta Composite

5,840.44

3.15

0.05

KLSE Composite

1,722.47

-9.67

-0.56

Nikkei 225

22,614.82

82.74

0.37

Straits Times

3,078.06

15.55

0.51

KOSPI Composite

2,161.71

5.45

0.25

Taiwan Weighted

9,974.28

55.02

0.55