Asian markets ended higher on Monday, with Chinese markets leading regional gains after US President Donald Trump said he would delay the deadline for additional tariffs on Chinese goods set to begin on March 1. Citing substantial progress in trade talks, Trump also indicated he plans to meet his Chinese counterpart Xi Jinping to reach a final deal. Gains outside China were limited as investors adopted a cautious stance ahead of the historical summit of the US and North Korea. Further, Japanese shares ended higher, supported by a rise on Wall Street on Friday and continuing hopes for progress in US-China trade talks.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,961.28 | 157.05 | 5.60 |
Hang Seng | 28,959.30 | 143.00 | 0.50 |
Jakarta Composite | 6,525.36 | 23.98 | 0.37 |
KLSE Composite | 1,724.58 | 3.16 | 0.18 |
Nikkei 225 | 21,528.23 | 102.72 | 0.48 |
Straits Times | 3,272.35 | 2.45 | 0.07 |
KOSPI Composite | 2,232.56 | 2.06 | 0.09 |
Taiwan Weighted | 10,390.93 | 68.01 | 0.66 |