Asian markets settled mostly higher on Monday, buoyed by the risk appetite in the markets amidst optimism surrounding potential developments in trade negotiations. Investor sentiments got boosted after the PBoC held its key loan prime rates steady, signalling its focus to stabilize local currency yuan. Shanghai stocks advanced with the state-backed buying from domestic financial institutions. Bucking the trend, Japan's Nikkie tumbled after the local currency yen got appreciated and weighed down Japan's export-oriented sectors.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,291.43 | 14.70 | 0.45 |
| Hang Seng | - | - | - |
| Jakarta Composite | 6,445.97 | 7.70 | 0.12 |
| KLSE Composite | 1,499.47 | 0.07 | 0.00 |
| Nikkei 225 | 34,279.92 | -450.36 | -1.31 |
| Straits Times | 3,759.22 | 38.89 | 1.03 |
| KOSPI Composite | 2,488.42 | 5.00 | 0.20 |
| Taiwan Weighted | 19,106.20 | -288.83 | -1.51 |
