Asian markets settled down on Monday, tracking Wall Streets’ fall last Friday after US President Donald Trump reiterated that his administration would impose reciprocal tariffs soon on countries like India and China, while weak economic data rekindled growth worries in the world’s largest economy. Chinese shares declined as US President Donald Trump ordered new restrictions on Chinese investments across critical American industries. Also, media reports suggested that the Trump administration has asked Mexico to levy their own duties on Chinese imports as part of their efforts to avoid possible US tariffs. Japanese markets were closed in observance of the emperor's birthday.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,373.03 | -6.08 | -0.18 |
Hang Seng | 23,341.61 | -136.31 | -0.58 |
Jakarta Composite | 6,749.60 | -53.40 | -0.79 |
KLSE Composite | 1,584.25 | -6.78 | -0.43 |
Nikkei 225 | -- | -- | -- |
Straits Times | 3,927.75 | -2.19 | -0.06 |
KOSPI Composite | 2,645.27 | -9.31 | -0.35 |
Taiwan Weighted | 23,565.31 | -164.94 | -0.70 |
