Asian markets end mixed on Monday
The major US trading partners, including India, Japan, and the EU are reportedly at critical stages of negotiation
Asian markets ended mixed on Monday amid trade tariff jitters. Trump's warnings of tariffs against countries aligning with BRICS policies weighted on investors’ sentiment. The US President Donald Trump announced that his government will send letters to around 170 trading partners outlining new, simple unilateral tariffs that will take effect on August 1. Meanwhile, the major US trading partners, including India, Japan, and the EU are reportedly at critical stages of negotiation. Traders remained concerned over Trump's ‘Big, Beautiful Bill’, which will add at least $3.3 trillion to the country's already-mammoth national debt and leave an added 12 million Americans without health insurance.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,473.13 | 0.81 | 0.02 |
| Hang Seng | 23,887.83 | -28.23 | -0.12 |
| Jakarta Composite | 6,900.93 | 35.74 | 0.52 |
| KLSE Composite | 1,537.54 | -12.65 | -0.82 |
| Nikkei 225 | 39,587.68 | -223.20 | -0.56 |
| Straits Times | 4,031.86 | 18.24 | 0.45 |
| KOSPI Composite | 3,059.47 | 5.19 | 0.17 |
| Taiwan Weighted | 22,428.72 | -118.78 | -0.53 |
