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Asian markets trade mostly lower in early deals on Wednesday

Most of the Asian equity benchmark indices are trading lower in the early deals on Wednesday, pressured by losses on Wall Street as the technology sector stuttered again after a brief rebound. Meanwhile, Japan's Nikkei index inched lower as major exporters are mostly down on a stronger yen. Among the other Asian markets China, Hong Kong, Malaysia, Singapore, South Korea and Taiwan exhibit a downward trend, while Indonesia is in positive territory.

Nikkei 225 dripped 361.66 points or 1.6% to 22,260.72, Taiwan Weighted lower 166.05 points or 1.57% to 10,400.80, FTSE Bursa Malaysia KLCI dipped 4.65 points or 0.27% to 1,720.19, Hang Seng reduced 361.16 points or 1.25% to 28,481.64, Shanghai Composite dripped 19.91 points or 0.6% to 3,283.77, Straits Times weakened 21.31 points or 0.62% to 3,416.75 and KOSPI Index was down by 28.23 points or 1.12% to 2,481.89.

On the flip side, Jakarta Composite was up 38.06 points or 0.63% to 6,038.54.

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