Asian markets end mostly higher on Monday

31 May 2021

Asian markets ended mostly higher on Monday. Chinese shares ended higher, while the yuan hit a three-year high against the dollar today before falling back following warnings from Chinese officials against speculative bets on the currency. Official manufacturing purchasing managers’ index (PMI) fell slightly to 51.0 in May from 51.1 in April. The non-manufacturing PMI came in with a score of 55.2 from 54.9 in April. However, Japanese shares declined on profit booking as Tokyo and other parts of the country are under a virus state of emergency which was extended on Friday until 20 June, just over a month before the opening ceremony on 23 July. Investors also digested downbeat industrial output and retail sales figures.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,615.48
14.70
0.41

Hang Seng

29,151.80
27.39
0.09

Jakarta Composite

5,947.46
98.84
1.69

KLSE Composite

1,583.55

-10.89

-0.68

Nikkei 225

28,860.08
-289.33
-0.99

Straits Times

3,164.28
-14.22
-0.45

KOSPI Composite

3,203.92
15.19
0.48

Taiwan Weighted

17,068.43
197.57
1.17