Asian markets went home with red mark on Monday as investors booked profit from recent highs in the face of uncertainty over how long the current US stimulus will continue. Chinese market ended lower as China's factory activity contracted for the first time in seven months in May due to decline in domestic and external demand, while services sector activity also fell, indicating slowing momentum in the world's second-largest economy. Japan’s Nikkei closed lower led by a sharply weaker yen. The Jakarta Composite closed the shutter in negative territory, dragged by agriculture and property sectors that fell more than 3% each.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,299.25 | -1.34 | -0.06 |
Hang Seng | 22,282.19 | -109.97 | -0.49 |
Jakarta Composite | 4,971.35 | -97.27 | -1.92 |
KLSE Composite | 1,766.33 | -2.89 | -0.16 |
Nikkei 225 | 13,261.82 | -512.72 | -3.72 |
Straits Times | 3,291.08 | -20.29 | -0.61 |
KOSPI Composite | 1,989.57 | -11.48 | -0.57 |
Taiwan Weighted | 8,201.02 | -53.78 | -0.65 |
