Asian markets ended mostly higher Monday as positive economic data from U.S. supported markets, raising the expectations that the Federal Reserve will maintain its ultra-easy monetary policy for the foreseeable future. China's Shanghai Composite closed the shutter on positive note, helped by upbeat service-sector data. Japan’s Nikkei went home with green mark, reacting to the 1.2% gain that the dollar made against the yen on Friday, pushing the market to a new 33-month high. However, South Korea's Kospi Composite closed lower as local automakers retreated as the yen continued to weaken, benefitting their Japanese rivals.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,428.15 | 9.13 | 0.38 |
Hang Seng | 23,658.01 | -36.83 | -0.16 |
Jakarta Composite | 4,490.56 | 8.93 | 0.20 |
KLSE Composite | 1,634.55 | 7.00 | 0.43 |
Nikkei 225 | 11,260.35 | 69.01 | 0.62 |
Straits Times | 3,297.37 | 6.23 | 0.19 |
KOSPI Composite | 1,953.21 | -4.58 | -0.23 |
Taiwan Weighted | 7,923.16 | 67.19 | 0.86 |
