Asian markets are exhibiting mixed trend in the early deals on Monday with some of them posting steep losses, with mounting worries about the health of the global economy on the back of recent weak data from China and Europe as well as sliding crude oil prices triggering a sell-off. Among other markets in the Asia-Pacific region, Hong Kong, South Korea and Malaysia are down with sharp losses. Singapore and Taiwan is also notably lower, while Shanghai and Indonesia is trading higher.
Nikkei 225 spurted by 114.18 points or 0.66% to 17,371.58, Jakarta Composite jumped by 7.74 points or 0.15% to 5,160.43, Shanghai Composite rose by 13.73 points or 0.47% to 2,939.47 and Taiwan Weighted was up by 14.26 points or 0.16% to 9,027.33
KOSPI Index contracted 7.72 points or 0.40% to 1,913.99, Hang Seng slipped by 63.34 points or 0.27% to 23,249.20, FTSE Bursa Malaysia KLCI crumbled 30.51 points or 1.76% to 1,702.48 and Straits Times was down by 7.18 points or 0.22% to 3,318.63