Asian markets ended lower on Monday on renewed US-China tensions after US President Donald Trump threatened to impose new tariffs on China in retaliation over the corona virus outbreak. US Secretary of State Mike Pompeo said there was a significant amount of evidence that the new corona virus emerged from a laboratory in the Chinese city of Wuhan. Meanwhile, Japanese and Chinese markets were closed for public holidays. Further, Seoul shares ended lower amid an escalation of tension on the Korean peninsula, with reports showing the two Koreas exchanged gunfire at the demilitarized zone separating the two sides.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | - | - | - |
Hang Seng | 23,613.80 | -1,029.79 | -4.18 |
Jakarta Composite | 4,605.49 | -110.91 | -2.35 |
KLSE Composite | 1,376.59 | -31.19 | -2.22 |
Nikkei 225 | - | - | - |
Straits Times | 2,563.69 | -60.54 | -2.31 |
KOSPI Composite | 1,895.37 | -52.19 | -2.68 |
Taiwan Weighted | 10,720.48 | -271.66 | -2.47 |
