Asian markets finished mostly lower on Monday as the investments got saddled as the unexpected surge in US employment fanned fears about more interest rate hikes by Federal Reserve. Moreover, investment got dulled as the alleged spy balloon incident spooked concerns about new sanctions against Chinese companies. Hang Seng Stocks plunged maximum among Asian indices, posts its third straight sessional loss as the Chinese economy rebound bets tumbled with the new geo-political tensions between US and China. Stock Market of Malaysia was closed for Thaipusam holiday.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,238.70 | -24.71 | -0.76 |
Hang Seng | 21,222.16 | -438.31 | -2.07 |
Jakarta Composite | 6,873.79 | -37.94 | -0.55 |
KLSE Composite | -- | -- | -- |
Nikkei 225 | 27,693.65 | 184.19 | 0.67 |
Straits Times | 3,385.93 | 1.64 | 0.05 |
KOSPI Composite | 2,438.19 | -42.21 | -1.73 |
Taiwan Weighted | 15,392.82 | -209.84 | -1.36 |