Asian markets ended higher on Monday following the gains on Wall Street Friday after disappointing US jobs data for May raised hopes that the Federal Reserve will cut interest rates in the near future. In addition, news that the US and Mexico have reached a migration deal to avert the implementation of President Donald Trump's threatened tariffs set to begin on Monday, boosted sentiment. The Japanese shares are rising, with stocks higher across the board. Automakers are gaining on news of the US-Mexico deal, as several Japanese automakers use Mexico as a production base.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,852.13 | 24.33 | 0.86 |
Hang Seng | 27,578.64 | 613.36 | 2.27 |
Jakarta Composite | 6,289.61 | 80.49 | 1.30 |
KLSE Composite | 1,655.47 | 6.14 | 0.37 |
Nikkei 225 | 21,134.42 | 249.71 | 1.20 |
Straits Times | 3,188.11 | 21.82 | 0.69 |
KOSPI Composite | 2,099.49 | 27.16 | 1.31 |
Taiwan Weighted | 10,566.47 | 157.27 | 1.51 |