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19-Nov2018

Asian markets exhibit mixed trend in early deals on Monday

Asian market indices are exhibiting mixed trend in early deals on Monday, amid the ongoing trade tensions between United States -China and on renewed anxiety about Brexit. The Japanese market is advancing despite the lingering worries about US-China trade tensions. Trade data showing an increase in Japanese exports during the month of October boosted investors' sentiments. Among the other Asian markets, Singapore, South Korea, Indonesia and Malaysia are in negative territory. Bucking the trend, Hong Kong, Taiwan and Shanghai are higher.

Straits Times dipped 19.27 points or 0.63% to 3,064.33, Jakarta Composite slipped 11.64 points or 0.19% to 6,000.71, KOSPI Shares decreased 0.08 points to 2,092.32, and FTSE Bursa Malaysia KLCI down by 6.38 points or 0.37% to 1,700.00.

On the flip side, Nikkei 225 added 103.09 points or 0.47% to 21,783.43, Hang Seng gained 106.57 points or 0.41% to 26,290.10, Shanghai Composite spurt 5.99 points or 0.22% to 2,685.10, and Taiwan Weighted up by 1.64 points or 0.02% to 9,799.20.


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