Asian markets ended mostly lower on Monday as investors’ initial enthusiasm over a phase one Sino-US trade deal gave way to concerns about the lack of concrete details on the agreement. Japanese shares ended lower as survey showed the manufacturing sector in Japan continued to contract in December, and at a slightly faster rate. Though, Chinese shares ended higher after the United States and China reaching a historic agreement on a phase one trade deal and key Chinese data beats forecasts. China industrial production and retail sales expanded at the fastest pace in five months in November as steps taken by the government helped to boost domestic demand.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,984.39 | 16.71 | 0.56 |
Hang Seng | 27,508.09 | -179.67 | -0.65 |
Jakarta Composite | 6,211.59 | 14.27 | 0.23 |
KLSE Composite | 1,569.35 | -1.81 | -0.12 |
Nikkei 225 | 23,952.35 | -70.75 | -0.29 |
Straits Times | 3,206.09 | -7.96 | -0.25 |
KOSPI Composite | 2,168.15 | -2.10 | -0.10 |
Taiwan Weighted | 11,939.77 | 12.04 | 0.10 |
