Asian markets ended mostly lower on Monday as investors remained cautious ahead of the US Federal Reserve's policy meeting this week. Chinese shares ended almost flat after a former member of the monetary policy committee of the People's Bank of China said a looser monetary policy won't be sufficient to stabilize the Chinese economy and more government spending is needed to drive economic recovery. However, Japanese shares gained marginally after a survey showed factory activity in Japan grew at the fastest pace in four years in January.
Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,524.10 | 1.53 | 0.04 |
Hang Seng | 24,656.46 | -309.09 | -1.24 |
Jakarta Composite | 6,655.17 | -71.20 | -1.06 |
KLSE Composite | 1,521.86 | -5.20 | -0.34 |
Nikkei 225 | 27,588.37 | 66.11 | 0.24 |
Straits Times | 3,283.35 | -11.51 | -0.35 |
KOSPI Composite | 2,792.00 | -42.29 | -1.49 |
Taiwan Weighted | 17,989.04 | 89.74 | 0.50 |
