Asian markets ended higher on Monday as optimism around progress in Covid-19 vaccine trials shrugged off reports of renewed lockdowns in several countries. Chinese shares ended up after the country's financial regulators vowed to adopt a zero-tolerance approach for misconduct following a recent string of bond defaults, and will punish all kinds of debt evasion to protect investors. Further, South Korean shares climbed after data showed that South Korea's exports rose 11.1% YoY in the first 20 days of November, with outbound shipments of memory chips soaring 21.9% over the cited period. Markets in Japan were closed for the Labor Thanksgiving Day.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,414.49 | 36.76 | 1.09 |
Hang Seng | 26,486.20 | 34.66 | 0.13 |
Jakarta Composite | 5,652.76 | 81.10 | 1.46 |
KLSE Composite | 1,597.48 | 3.73 | 0.23 |
Nikkei 225 | -- | -- | -- |
Straits Times | 2,848.78 | 35.77 | 1.27 |
KOSPI Composite | 2,602.59 | 49.09 | 1.92 |
Taiwan Weighted | 13,878.01 | 161.57 | 1.18 |
