Asian Stock Markets Close Monday Mostly With Gains

Major stock exchanges in Asia closed Monday mostly with gains despite estimates of US Federal Reserve's more aggressive interest rate hike.

The Asia Dow, which includes blue-chip companies in the region, gained 15.9 points, or 0.49%, to reach 3,276.

Tokyo's Nikkei 225 stock exchange increased 73.4 points, or 0.26%, to end at 28,249 points.

The Hang Seng, the benchmark for blue-chip stocks trading on the Hong Kong stock exchange, ended its three-session winning streak, falling 156 points, or 0.77%, to 20,045.

China's Shanghai Stock Exchange rose 9.9 points, or 0.31%, to close at 3,236 points.

The Indian Sensex benchmark increased 465 points, or 0.80%, to 58,853, while the Singapore index dropped 11.9 points or 0.36% to close the day at 3,271.​​​​​​​ -