Asian markets are exhibiting mixed trend in the early deals on Tuesday, due to the negative cues from Wall Street amid worries about Greece, while data showed that China's consumer inflation slipped to a five-year low in January. Japan's Nikkei share average fell as Greece's rejection of its bailout terms fuelled concerns over the prospect of fresh turmoil in the euro zone, but Nissan Motor Co outperformed on rosy forecasts. Among the other markets in the Asia-Pacific region, South Korea, Indonesia, Shanghai, and Taiwan are also in negative territory. Meanwhile, Hong Kong, Singapore, and Malaysia are up with modest gains.
Hang Seng increased 5.47 points or 0.02% to 24,526.47, Shanghai Composite surged 25.85 points or 0.84% to 3,120.97, FTSE Bursa Malaysia KLCI gained 3.84 points or 0.21% to 1,815.42 and Straits Times was up by 11.91 points or 0.35% to 3,429.93.
On the flip side, Nikkei 225 crumbled 148.47 points or 0.84% to 17,563.46, KOSPI Index contracted 6.50 points or 0.33% to 1,940.50, Jakarta Composite dipped 8.06 points or 0.15% to 5,340.42 and Taiwan Weighted was down by 24.73 points or 0.26% to 9,395.01.