Asian markets recovered from earlier session’s steep falls and ended mostly higher on Monday. However, investors remained cautious ahead of US Federal Reserve's two-day policy-setting meeting starting on Wednesday and the change of leadership at the Bank of Japan this week. Japan's Nikkei went home with strong gains snapping previous sessions’ losses, as Japanese tech exporters benefited from the dollar’s rebound against the yen. Chinese mainland market closed higher, with gains from the volatile property sector, while South Korean market ended in green zone with gains in heavyweight consumer-electronics producer Samsung Electronics’ shares.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,257.43 | 17.42 | 0.78 |
Hang Seng | 22,041.86 | -41.50 | -0.19 |
Jakarta Composite | 4,822.63 | 19.80 | 0.41 |
KLSE Composite | 1,625.46 | 4.10 | 0.25 |
Nikkei 225 | 12,468.23 | 247.60 | 2.03 |
Straits Times | 3,269.13 | 12.66 | 0.39 |
KOSPI Composite | 1,978.56 | 10.38 | 0.53 |
Taiwan Weighted | 7,838.47 | 27.13 | 0.35 |
