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Asian markets exhibit mixed trend in early deals on Friday

06 Feb 2015 Evaluate

Asian markets are exhibiting mixed trend in the early deals on Friday,  with the overnight gains on Wall Street and higher crude oil prices propping up some markets. However, worries about Greece and caution ahead of the release of U.S. employment data later in the day weighed on sentiment. Further, the Japanese market is higher, tracking the overnight gains on Wall Street.  Among the other markets in the Asia-Pacific region, Singapore, Indonesia and Malaysia are in positive territory. Meanwhile, Shanghai, South Korea, Hong Kong and Taiwan are lower.

Nikkei 225 rose 130.25 points or 0.74% to 17,634.87, FTSE Bursa Malaysia KLCI surged  7.16 points or 0.40% to 1,810.37, Jakarta Composite gained 33.20 points or 0.63% to 5,313.09 and Straits Times was up by 31.15 points or 0.91% to 3,437.73.

On the flip side, KOSPI Index declined 2.85 points or 0.15% to 1,949.99, Hang Seng dipped 68.96 points or 0.28% to 24,696.53, Shanghai Composite contracted 35.65 points or 1.14% to 3,100.88 and Taiwan Weighted was down by 51.12 points or 0.54% to 9,460.93.

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