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Asian markets trade in red in early deals on Monday

08 Jun 2026 Evaluate
Asian markets traded in red in early deals on Monday, saddled by the sharp sell offs in technological sector and on concerns over escalating Middle East tensions. Recent attacks in Middle East have disrupted global supply and spiked oil prices, dulling investor sentiments. Robust US employment data and hawkish Federal Reserve commentary spurred hopes for near-term interest rate cuts, pressuring local indices. South Korea’s KOSPI plunged over two-week low, with the hefty correction in chip-makers.

Nikkei tumbled by 2,514.12 points or 3.78% to 64,074.00, Straits Times plunged by 71.23 points 1.41% to 4,978.73, Hang Seng wilted by 304.95 points or 1.22% to 24,657.00, Taiwan weighted plummeted by 1,511.39 points or 3.35% to 43,559.55, KOSPI Index wilted by 386.61 points or 4.74% to 7,773.98, Jakarta Composite descended by 184.98 points or 3.31% to 5,409.79, Shanghai Composite crashed by 50.91 points or 1.26% to 3,976.83 and FTSE Bursa Malaysia KLCI index dipped by 11.33 points or 0.67% to 1,682.10.

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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