MoneyWorks4Me

Asian markets end mostly lower on Monday

30 Sep 2019 Evaluate

Asian markets ended mostly lower on Monday on account of investors awaiting the cues from central bank meetings, both US Fed and Bank of Japan, later this week. Moreover, tensions revolving around the effects of escalating Sino-US trade war weighed on the sentiments. Japanese shares ended lower following reports that Donald Trump’s administration is deeply thinking about imposing severe new restrictions on investments in China. Further, Chinese shares ended lower on speculations that US may curb Chinese companies' access to its capital markets that may boost the ongoing trade war between these nations. Among the Asian markets, Taiwan markets were closed on account of warning of Typhoon Mitag storm and severe rains in some of its areas.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,905.19

-26.98

-0.92

Hang Seng

26,092.27
137.46
0.53

Jakarta Composite

6,169.10
-27.79
-0.45

KLSE Composite

1,583.91
-0.23
-0.01

Nikkei 225

21,755.84
-123.06
-0.56

Straits Times

3,119.99
-5.64
-0.18

KOSPI Composite

2,063.05
13.12
0.64

Taiwan Weighted

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