Asian markets ended mostly higher on Monday following overnight Wall Street gains on strong US economic data, which outweighed concerns of resurgence of Covid-19 infections in Japan and India. Japanese shares settled with modest gains ahead of Bank of Japan's monetary policy decision due on Tuesday, even as a deteriorating Covid-19 situation in the country capped upward movement. However, Chinese shares ended lower amid fears that any further tightening of credit conditions would drag on growth as it recovers from the corona-virus pandemic. Global investors are awaiting cues from key central bank meetings.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,441.17 | -33.00 | -0.95 |
Hang Seng | 28,952.83 | -125.92 | -0.43 |
Jakarta Composite | 5,964.82 | -52.04 | -0.86 |
KLSE Composite | 1,623.47 | 15.04 | 0.94 |
Nikkei 225 | 29,126.23 | 105.60 | 0.36 |
Straits Times | 3,204.90 | 10.86 | 0.34 |
KOSPI Composite | 3,217.53 | 31.43 | 0.99 |
Taiwan Weighted | 17,572.29 | 272.02 | 1.57 |