Asian markets ended mostly in green on Monday, as investors picked up beaten-down shares after two weeks of losses, driven by concerns over trade and growth outlook. However, gains remained capped as traders remained on sidelines ahead of the US Federal Reserve's key policy meeting which is scheduled for December 18 and 19, with many expecting an increase in the benchmark interest rate by 25 bps to between 2.25 percent and 2.5 percent. Chinese shares ended slightly higher, as investors awaited cues from the closely watched annual Central Economic Work Conference later this week. Japanese shares ended notably higher despite lingering concerns over global growth.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,597.97 | 4.23 | 0.16 |
Hang Seng | 26,087.98 | -6.81 | -0.03 |
Jakarta Composite | 6,089.30 | -80.54 | -1.31 |
KLSE Composite | 1,641.62 | -20.34 | -1.22 |
Nikkei 225 | 21,506.88 | 132.05 | 0.62 |
Straits Times | 3,114.25 | 37.16 | 1.21 |
KOSPI Composite | 2,071.09 | 1.71 | 0.08 |
Taiwan Weighted | 9,787.53 | 13.37 | 0.14 |
