Asian markets ended mostly lower on Monday due to pessimism about the prospect of a trade war between the world's two largest economies. Chinese shares ended lower after Chinese officials canceled a planned visit to US farms and US President Donald Trump said the US was looking for a ‘complete deal’ with China and not a partial one. US President Donald Trump told reporters that he doesn't think he needs to reach a trade deal with China before the 2020 elections, claiming the US is not being affected by the trade war. Though, Seoul shares ended higher as investors watched Middle East tensions and awaited a summit between South Korea and United States this week at the United Nations. Meanwhile, the Japanese market was closed for the Autumnal Equinox holiday.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,977.08 | -29.37 | -0.98 |
Hang Seng | 26,222.40 | -213.27 | -0.81 |
Jakarta Composite | 6,206.20 | -25.27 | -0.41 |
KLSE Composite | 1,592.93 | -4.48 | -0.28 |
Nikkei 225 | - | - | - |
Straits Times | 3,143.24 | -16.44 | -0.52 |
KOSPI Composite | 2,091.70 | 0.18 | 0.01 |
Taiwan Weighted | 10,919.02 | -10.67 | -0.10 |
