Asian markets ended mostly higher on Monday, even as Wall Street stocks edged back from their all-time highs following a weaker-than-expected report on the US economy. Disappointing US retail sales and consumer sentiment data tempered expectations for a US interest rate hike. Japanese shares gained after the Japanese government reported that the economy grew slightly faster than forecast in the April-June quarter, expanding at a 1.1% annual pace even as private spending and investment stayed flat and export growth slowed. In quarterly terms, the economy grew 0.3% in the second quarter of the year. Meanwhile, the South Korean and Indonesian markets were closed for their respective national holidays.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,982.65 | 55.48 | 1.41 |
Hang Seng | 25,453.23 | 336.38 | 1.34 |
Jakarta Composite | -- | -- | -- |
KLSE Composite | 1,725.89 | - | - |
Nikkei 225 | 69,220.25 | 506.45 | 0.74 |
Straits Times | 5,768.46 | 24.87 | 0.43 |
KOSPI Composite | -- | -- | -- |
Taiwan Weighted | 45,857.27 | 46.26 | 0.10 |
