Asian markets are exhibiting mixed trend in the early deals on Monday as investors turned cautious after deadly attacks in London at the weekend and the potential impact on parliamentary elections scheduled for June 8. The Japanese market is modestly lower, with disappointing US jobs data and the terror attack in London dampening investors’ sentiments. In addition, a stronger yen weighed on exporters' shares. Among the other Asian markets, Shanghai, Singapore and Hong Kong are also lower. Bucking the trend, Indonesia, South Korea, Malaysia and Taiwan are modestly higher.
Nikkei 225 declined 7.94 points or 0.04% to 20,169.34, Straits Times dropped 0.96 points or 0.03% to 3,239.05, Hang Seng slipped 85.84 points or 0.33% to 25,838.21, and Shanghai Composite was down by 14.53 points or 0.47% to 3,091.01.
On the flip side, KOSPI Index added 2.48 points or 0.1% to 2,374.20, FTSE Bursa Malaysia KLCI increased 6.97 points or 0.39% to 1,783.92, Jakarta Composite gained 13.25 points or 0.23% to 5,755.70, and Taiwan Weighted was up by 37.89 points or 0.37% to 10,196.04.