Asian markets ended mostly higher on Monday as disappointing US hiring data in August fuelled expectations the US central bank would not rush in tapering its asset buying plans in the September meeting. Data showed that US economy added just 235,000 jobs in August, compared to an estimate of 750,000. Chinese shares gained after Chinese President Xi Jinping announced plans to set up a new stock exchange in Beijing, a primary platform for smaller firms to meet their financing needs, while investors awaited cues from China's trade and inflation data due out later in the week. Japanese shares rose on optimism that the Cabinet of Japanese Prime Minister Suga Yoshihide's successor would strengthen corona-virus measures and provide economic relief.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,621.86 | 40.13 | 1.12 |
Hang Seng | 26,163.63 | 261.64 | 1.01 |
Jakarta Composite | 6,126.94 | 0.02 | -- |
KLSE Composite | 1,581.59 | -7.60 | -0.48 |
Nikkei 225 | 29,659.89 | 531.78 | 1.83 |
Straits Times | 3,101.08 | 17.23 | 0.56 |
KOSPI Composite | 3,203.33 | 2.27 | 0.07 |
Taiwan Weighted | 17,495.30 | -21.62 | -0.12 |
