Asian markets end mostly higher on Monday

21 Mar 2022 Evaluate

Asian markets ended mostly higher on Monday despite the war in Ukraine raged on and a high-ranking Fed official made hawkish remarks on borrowing costs, saying that it is necessary to raise the interest rate by 50 basis points at least once this year. Chinese shares ended flat with a positive bias as the People's Bank of China kept its benchmark interest rate unchanged, raising concerns whether there would be adequate policy support to spur growth. Japanese shares were closed for a holiday.

Indices

Last Trade           

Change in Points

Change in %    

Shanghai Composite

3,253.69

2.62

0.08

Hang Seng

21,221.34

-191.06

-0.89

Jakarta Composite

6,955.18

0.21

0.00

KLSE Composite

1,587.16

-4.10

-0.26

Nikkei 225

--

--

--

Straits Times

3,355.51

24.88

0.75

KOSPI Composite

2,686.05

-20.97

-0.77

Taiwan Weighted

17,560.36

103.84

0.59


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