Asian markets ended mostly higher on Monday as Hong Kong shares led the gains as businesses reopened and testing rules were relaxed in major cities of China. Chinese shares gained in spite of disappointing service sector data, with the Caixin/S&P Global services purchasing managers' index (PMI) fell to 46.7 in November, marking the lowest level in six months. Japanese shares rose marginally after the latest survey from Jibun Bank showed the services sector in Japan continued to expand in November, albeit at a slower rate. However, Seoul shares declined as robust US jobs data added to uncertainty about the pace of US rate hikes in the future.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,211.81 | 55.67 | 1.76 |
Hang Seng | 19,518.29 | 842.94 | 4.51 |
Jakarta Composite | 6,987.33 | -32.31 | -0.46 |
KLSE Composite | 1,471.56 | -10.24 | -0.69 |
Nikkei 225 | 27,820.40 | 42.50 | 0.15 |
Straits Times | 3,267.54 | 8.40 | 0.26 |
KOSPI Composite | 2,419.32 | -15.01 | -0.62 |
Taiwan Weighted | 14,980.74 | 10.06 | 0.07 |
