Asian markets ended mostly lower on Monday as worries persisted about a recent surge in global bond yields and inflation. South Korean shares declined as foreigners offloaded local stocks following the mixed end in Wall Street stocks last weekend. Japanese shares ended lower due to heavy selling pressure after a fire at semiconductor supplier Renesas Electronics’ plant fanned worries about more chip supply shortfalls hitting vehicle production. Meanwhile, the Japanese government lifted the state of emergency in the Tokyo region. Chinese shares ended up as the world’s second-largest economy kept its benchmark lending rate for corporate and household loans unchanged for an 11th straight month at its March fixing, matching market expectations.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,443.44 | 38.78 | 1.14 |
Hang Seng | 28,885.34 | -105.60 | -0.36 |
Jakarta Composite | 6,301.13 | -55.03 | -0.87 |
KLSE Composite | 1,616.73 | -9.46 | -0.58 |
Nikkei 225 | 29,174.15 | -617.90 | -2.07 |
Straits Times | 3,128.08 | -6.46 | -0.21 |
KOSPI Composite | 3,035.46 | -4.07 | -0.13 |
Taiwan Weighted | 16,189.22 | 118.98 | 0.74 |