Asian markets settled mostly down on Monday due to heightened geopolitical uncertainties in the Middle East following Iran's drone attack against Israel. Israel's hours-long war cabinet meeting ended Sunday night without a decision on how Israel will respond to Iran's attack. Concerns over US inflation and uncertainty over the pace of Fed rate cuts this year have also dampened market sentiments. Japanese shares declined tracking the broadly negative cues from Wall Street last Friday. However, Chinese shares gained due to renewed regulatory support from Beijing, while state-backed property developer China Vanke said it's making plans to resolve short-term liquidity pressure and operational difficulties. China's central bank on Monday left a key policy interest rate unchanged as widely expected when rolling over maturing medium-term loans.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,057.38 | 37.91 | 1.24 |
| Hang Seng | 16,600.46 | -121.23 | -0.73 |
| Jakarta Composite | -- | -- | -- |
| KLSE Composite | 1,542.53 | -8.51 | -0.55 |
| Nikkei 225 | 39,232.80 | -290.75 | -0.74 |
| Straits Times | 3,183.61 | -33.30 | -1.05 |
| KOSPI Composite | 2,670.43 | -11.39 | -0.43 |
| Taiwan Weighted | 20,449.77 | -286.80 | -1.40 |
