Asian markets ended mostly higher on Monday, despite lingering worries about recession risks. Chinese and Hong Kong shares gained as investors focus on the weeklong Communist Party congress in China, while Chinese President Xi Jinping assured accommodative policies for the economy. Although, expectations of a continuation of tightening monetary policies around the world and the escalating Russia-Ukraine war, added pressure on market sentiments.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,084.94 | 12.95 | 0.42 |
Hang Seng | 16,612.90 | 25.21 | 0.15 |
Jakarta Composite | 6,831.12 | 16.59 | 0.24 |
KLSE Composite | 1,386.27 | 3.80 | 0.27 |
Nikkei 225 | 26,775.79 | -314.97 | -1.16 |
Straits Times | 3,015.75 | -23.86 | -0.78 |
KOSPI Composite | 2,219.71 | 7.16 | 0.32 |
Taiwan Weighted | 12,966.05 | -162.07 | -1.23 |