Asian markets ended lower on Monday with Chinese shares dragging the bourses to a fresh low as investors, worried about Beijing’s economic and financial stability. The Shanghai financials sub-index was down 7.1 per cent, headed for its worst single day loss since November 2008. Japanese shares went home with red mark despite a sharp weakening of the yen and the ruling Liberal Democratic Party and its coalition making big gains in Tokyo's metropolitan assembly elections. South Korea's Kospi also closed lower extending losses for a fourth consecutive session.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 1,963.24 | -109.86 | -5.30 |
Hang Seng | 19,813.98 | -449.33 | -2.22 |
Jakarta Composite | 4,429.46 | -85.91 | -1.90 |
KLSE Composite | 1,738.19 | -17.66 | -1.01 |
Nikkei 225 | 13,062.78 | -167.35 | -1.26 |
Straits Times | 3,074.31 | -50.14 | -1.60 |
KOSPI Composite | 1,799.01 | -23.82 | -1.31 |
Taiwan Weighted | 7,758.03 | -35.28 | -0.45 |