Asian markets ended higher on Monday. Chinese shares ended higher as signs of improvement in trade relations between the United States and China helped investors shrug off concerns about the country's economic health. United States and China reached a phase 1 trade deal last week and US agreed to hold off on tariff hikes planned for this week, providing a temporary reprieve for global markets. Seoul shares closed up after Samsung Electronics last week posted better-than-expected third-quarter profit. Meanwhile, Japanese markets were closed for a holiday.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,007.88 | 34.22 | 1.15 |
Hang Seng | 26,521.85 | 213.41 | 0.81 |
Jakarta Composite | 6,126.88 | 21.08 | 0.35 |
KLSE Composite | 1,567.59 | 10.75 | 0.69 |
Nikkei 225 | - | - | - |
Straits Times | 3,124.45 | 10.48 | 0.34 |
KOSPI Composite | 2,067.40 | 22.79 | 1.11 |
Taiwan Weighted | 11,066.95 | 176.99 | 1.63 |