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Asian markets exhibit mixed trend in early deals on Friday

13 Apr 2018 Evaluate

Asian equity indices are exhibiting mixed trend in the early deals on Friday as some markets are taking positive cues from Wall Street after US President Donald Trump's Thursday tweet on Syria suggested that he is reconsidering joining the Trans-Pacific Partnership (TPP). Though, China and Hong Kong stocks slid after data showed China’s exports fell unexpectedly in March amid trade tensions with the United States. Among the other Asian markets, Singapore, South Korea, Taiwan and Indonesia are higher. Bucking the trend, Malaysia is in negative territory.

Nikkei 225 gained 99.91 points or 0.46% to 21,760.19, Straits Times added 23.29 points or 0.67% to 3,491.90, KOSPI Index spurt 13.37 points or 0.55% to 2,456.08, Taiwan Weighted increased 11.93 points or 0.11% to 10,967.22, and Jakarta Composite up by 0.05 points to 6,310.85.

On the flip side, Hang Seng declined 24.1 points or 0.08% to 30,807.18, Shanghai Composite dropped 12.27 points or 0.39% to 3,167.89, and FTSE Bursa Malaysia KLCI down by 4.43 points or 0.24% to 1,869.19.