Asian markets ended lower on Monday as a shock contraction in Chinese exports and concerns surrounding the ongoing US government shutdown and the vote on Brexit this week kept investors on the sidelines. Investors also awaited cues from the US earnings season, with several banks set to unveil their quarterly results this week. Chinese shares ended lower as the latest trade data indicated a further slowdown in the world's second-largest economy. China's exports unexpectedly fell 4.4 percent from a year earlier in the month -- the biggest monthly drop in two years, while imports also fell 7.6 percent, marking the biggest decline since July 2016. Meanwhile, the Japanese market was closed for the 'Coming of Age Day' holiday.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,535.77 | -18.06 | -0.71 |
Hang Seng | 26,298.33 | -368.94 | -1.38 |
Jakarta Composite | 6,336.12 | -25.35 | -0.40 |
KLSE Composite | 1,676.16 | -7.06 | -0.42 |
Nikkei 225 | - | - | - |
Straits Times | 3,173.46 | -25.19 | -0.79 |
KOSPI Composite | 2,064.52 | -11.05 | -0.53 |
Taiwan Weighted | 9,708.22 | -51.18 | -0.52 |
