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Asian markets end higher on Monday

04 May 2026 Evaluate
Asian markets ended higher on Monday on eased Iran war tensions after US President Donald Trump announced that the US would escort neutral vessels safely through the passageway, aiming to help ships stranded by the conflict with Iran transit securely. The development eased fears of prolonged disruptions to global oil shipping routes and reduced inflation concerns. Seoul shares surpassed the 6,900-point level for the first time on strong semiconductor-led growth, while data showed South Korea’s factory activity expanded at its fastest pace in more than four years in April, with the S&P Global manufacturing PMI rising to 53.6, up from 52.6 in March as semiconductor demand boosted output and new orders. Stock markets of Japan and China were closed for holiday for Greenery Day and Labour Day respectively.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

--

--

--

Hang Seng

26,095.88

319.35

1.24

Jakarta Composite

6,971.95

15.15

0.22

KLSE Composite

1,739.77

17.75

1.03

Nikkei 225

--

--

--

Straits Times

4,924.31

11.62

0.24

KOSPI Composite

6,936.99

338.12

5.12

Taiwan Weighted

40,705.14

1,778.51

4.57