Asian markets settle mostly higher on Monday

Chinese and Hong Kong shares rose as investors focused on whether the US-China trade truce deadline would be extended

Asian markets settled mostly higher in thin trade on Monday, with Japanese markets closing for the Mountain Day holiday. Meanwhile, investors looked ahead to a slew of US and Chinese economic data and the Donald Trump-Vladimir Putin meeting on August 15 in Alaska for directional cues. Chinese and Hong Kong shares rose as investors focused on whether the US-China trade truce deadline would be extended, while shrugging off data that highlighted persistent deflationary pressures in the world's second-largest economy.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,647.55

12.42

0.34

Hang Seng

24,906.81

47.99

0.19

Jakarta Composite

7,605.92

72.53

0.96

KLSE Composite

1,563.24

6.26

0.40

Nikkei 225

--

--

--

Straits Times

4,232.78

-7.05

-0.17

KOSPI Composite

3,206.77

-3.24

-0.10

Taiwan Weighted

24,135.50

114.24

0.47