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Asian markets exhibit mixed trend in early deals on Monday

21 Aug 2017 Evaluate

Asian markets are exhibiting mixed trend in the early deals on Monday as investors monitored joint military drills between US and South Korean forces and awaited a key meeting of central bankers later this week. Meanwhile, Japan's Nikkei share average fell as global investors remained cautious amid worries over whether the Trump administration will be able to implement growth boosting measures. Among the other Asian markets, Taiwan, Shanghai, Singapore and Hong Kong are modestly higher. Bucking the trend, Indonesia, Malaysia, and South Korea are lower.

Hang Seng added 141.45 points or 0.52% to 27,189.02, Shanghai Composite gained 7.77 points or 0.24% to 3,276.50, Taiwan Weighted rose 6.93 points or 0.07% to 10,328.26, and Straits Times was up by 0.39 points or 0.01% to 3,252.23.

On the flip side, Nikkei 225 dropped 82.53 points or 0.42% to 19,387.88, Jakarta Composite dipped 27.61 points or 0.47% to 5,866.23, FTSE Bursa Malaysia KLCI slipped 3.32 points or 0.19% to 1,772.90, and KOSPI Index was down by 0.52 points or 0.02% to 2,357.85.

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