Asian stock indexes traded mixed on Monday as markets reeled from the collapse of the Silicon Valley Bank. United States regulators later announced the closure of Signature Bank as well. They also insisted depository will be protected, although the same protection will not be extended to shareholders.
The Nikkei 225 plunged by 1.65% at 3:15 am CET, the Kospi Composite lost 0.38%, the S&P/ASX 200 declined by 0.41%, and the Shenzhen Composite fell by 0.24% a minute later. Meanwhile, Hang Sang improved by 0.85% and the Shanghai Composite added 0.17% at 3:17 am CET.
The dollar traded 0.29% lower compared to the yen at 3:18 am CET and sold for 134.4545.
