Most of the Asian markets are trading higher in the early deals on Monday as investors weighed data showing Chinese exports rose more than analysts projected last month, while imports unexpectedly fell. Further, Japanese market started off on a firm note, but shed a good portion of its gains as the session progressed, with a weak GDP data prompting investors to take some profits. Among other markets in the Asia-Pacific region, Hong Kong and Singapore is notably lower, while, Indonesia are up in positive territory. Markets in Taiwan and China are closed for the Mid-Autumn Festival. The South Korean market is also closed for a holiday today.
Nikkei 225 gained by 5.53 points or 0.04% to 15,674.21, FTSE Bursa Malaysia KLCI increased by 0.19 points or 0.01% to 1,868.65 and Jakarta Composite was up by 35.05 points or 0.67% to 5,252.38.
On the flip side Straits Times was declined 3.68 points or 0.11% to 3,338.05, and Hang Seng was down by 78.74 points or 0.31% to 25,161.41.