Asian markets ended mixed on Monday, with Chinese stocks leading the declines and settled with a cut of over tow percent, amid worries about U.S.-China trade relations and the health of the tech sector on Wall Street. Moreover, Chinese data over the weekend underscored worries of a cooling economy as profit growth at its industrial firms slowed for the fifth consecutive month in September as sales of raw materials and manufactured goods ebbed. Japanese shares too closed lower amid recent heavy falls in both US and Chinese stock markets. On the economic front, Japan’s retail sales dropped for the first time in four months in September, a government report showed. Retail sales fell 0.2 percent month-on-month, in line with expectations but reversed a 0.9 percent rise in August.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,542.10 | -56.75 | -2.23 |
Hang Seng | 24,812.04 | 94.41 | 0.38 |
Jakarta Composite | 5,754.61 | -30.31 | -0.53 |
KLSE Composite | 1,683.73 | 0.67 | 0.04 |
Nikkei 225 | 21,149.80 | -34.80 | -0.16 |
Straits Times | 2,981.54 | 9.52 | 0.32 |
KOSPI Composite | 1,996.05 | -31.10 | -1.56 |
Taiwan Weighted | 9,516.32 | 27.14 | 0.29 |
