Asian markets settled mostly higher on Monday, despite the broadly negative cues from Wall Street last Friday. Japanese shares ended higher with local energy stocks topped the gainers list as oil prices climbed after Saudi Arabia raised prices sharply for its crude sales in July. Chinese and Hong Kong shares gained as Shanghai has lifted most of the corona-virus restrictions in recent days. Although, China's services activity contracted for the third month in a row in May suggesting a slow recovery in the world's second-largest economy, a private business survey showed. Meanwhile, markets in South Korea and Malaysia were shut for holidays.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,236.37 | 40.91 | 1.28 |
Hang Seng | 21,653.90 | 571.77 | 2.71 |
Jakarta Composite | 7,096.58 | -86.38 | -1.20 |
KLSE Composite | -- | -- | -- |
Nikkei 225 | 27,915.89 | 154.32 | 0.56 |
Straits Times | 3,226.63 | -5.34 | -0.17 |
KOSPI Composite | -- | -- | -- |
Taiwan Weighted | 16,605.96 | 53.39 | 0.32 |
