Asian markets finished mostly in green on Monday marking a one month high level, as the unexpectedly strong economic data from the United States, and upbeat earnings updates spurred optimism about a solid global economic rebound from the pandemics. Meanwhile, declining interest rates for the short-term also kindled the market sentiments. Nikkei and Shanghai stocks reversed its early losses in the session. Chinese index settled higher with the robust gains for new energy vehicles firms and increased foreign inflows. As per reports foreign investors purchased a net 14.2 billion yuan. Nikkei’s gains remained capped as the country faced fourth surge on coronavirus cases before the scheduled opening of the Olympic Games.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,477.55 | 50.93 | 1.49 |
Hang Seng | 29,106.15 | 136.44 | 0.47 |
Jakarta Composite | 6,052.54 | -33.72 | -0.55 |
KLSE Composite | 1,600.29 | -8.09 | -0.50 |
Nikkei 225 | 29,685.37 | 2.00 | 0.01 |
Straits Times | 3,209.72 | 7.96 | 0.25 |
KOSPI Composite | 3,198.84 | 0.22 | 0.01 |
Taiwan Weighted | 17,263.28 | 104.47 | 0.61 |
