Asian markets ended mostly lower on Monday as uncertainty in the Russian-Ukraine war and soaring inflation weighed on investor sentiments, and trading volumes were also thin amid Easter holidays in Hong Kong. Japanese stocks dropped ahead of earnings from big companies next week. Further, Chinese shares declined even as China’s GDP data topped forecasts. Data showed that China's GDP grew an annual 4.8% during January to March, picking up pace from a 4% increase in the fourth quarter last year. Meanwhile, China reported deaths of three people from Covid in Shanghai for the first time since it entered lockdown in late March.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,195.52 | -15.72 | -0.49 |
Hang Seng | - | - | - |
Jakarta Composite | 7,275.29 | 39.76 | 0.55 |
KLSE Composite | 1,581.14 | -7.87 | -0.50 |
Nikkei 225 | 26,799.71 | -293.48 | -1.08 |
Straits Times | 3,303.07 | -32.78 | -0.98 |
KOSPI Composite | 2,693.21 | -2.85 | -0.11 |
Taiwan Weighted | 16,898.87 | -105.31 | -0.62 |