Asian markets settled mostly higher on Monday as Japan’s better than expected economic growth figures bolstered expectations of interest-rate hikes from the Bank of Japan, while markets awaited a slew of central bank decisions from the region this week. Chinese shares rose after Goldman Sachs raised its target price, estimating that AI adoption could boost earnings growth and potentially bring in $200 billion of inflows. But caution remains among investors due to rising tensions between the US and the European Union over tariffs and the ongoing conflict in Ukraine.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,355.83 | 9.11 | 0.27 |
Hang Seng | 22,616.23 | -4.10 | -0.02 |
Jakarta Composite | 6,830.88 | 192.42 | 2.82 |
KLSE Composite | 1,582.76 | -8.84 | -0.56 |
Nikkei 225 | 39,174.25 | 24.82 | 0.06 |
Straits Times | 3,904.85 | 27.35 | 0.70 |
KOSPI Composite | 2,610.42 | 19.37 | 0.74 |
Taiwan Weighted | 23,505.33 | 352.72 | 1.50 |