Asian markets ended the session on a mixed note on Monday with Chinese benchmark closing the session in green; however investors remained cautious after new data pointed to an uncertain pace of recovery in the world’s second-largest economy. Reports that China may not launch new stimulus amid concerns of a debt buildup and overcapacity also weighed on the markets, with property stocks slipping. South Korean shares too rose slightly on Monday, edging close to a seven-week high hit last week, helped by the return of foreign investors. However, Japanese Nikkei share average tumbled over three percentage point in an increasingly tense market after last week’s turbulent trade that sent the benchmark reeling to its worst one-day loss in two years.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,293.08 | 4.54 | 0.20 |
Hang Seng | 22,686.05 | 67.38 | 0.30 |
Jakarta Composite | 5,085.14 | -69.96 | -1.36 |
KLSE Composite | 1,767.13 | -5.93 | -0.33 |
Nikkei 225 | 14,142.65 | -469.80 | -3.22 |
Straits Times | 3,391.30 | -1.87 | -0.06 |
KOSPI Composite | 1,979.97 | 6.52 | 0.33 |
Taiwan Weighted | 8,280.10 | 70.32 | 0.86 |