Most of the Asian equity benchmarks are trading lower in the early deals on Tuesday, due to the softness in crude oil prices. The South Korean market is declined after data showed that economic growth slowed in the third quarter. Meanwhile, Japanese stocks trading higher as a weaker yen lifted hopes that Japanese exporters' earnings will recover, while investors hurried to catch shares in Kyushu Railway's market debut.
Hang Seng declined 42.33 points or 0.18% to 23,561.75, Shanghai Composite decreased 3.35 points or 0.11% to 3,124.89, Straits Times contracted 0.66 points or 0.02% to 2,856.02, FTSE Bursa Malaysia KLCI dipped 1.71 points or 0.10% to 1,676.05, and Jakarta Composite slipped 6.29 points or 0.12% to 5,414.71and KOSPI Index was down by 11.55 points or 0.56% to 2,036.19.
On the flip side, Nikkei 225 added 121.41 points or 0.70% to 17,355.83, and Taiwan Weighted was up by 63.49 points or 0.68% to 9,385.99.