Asian markets are trading mostly in green in early deals on Monday as investors digested the latest developments regarding North Korea and Italian politics. Crude oil extended losses as traders braced for output increases. Meanwhile, China and Hong Kong stocks climbed on signs the United States and North Korea were still working towards holding a summit. Among the other Asian markets, Japan, South Korea, Taiwan, Indonesia and Singapore are trading higher. Bucking the trend, Malaysia is in negative territory.
Nikkei 225 gained 13.86 points or 0.06% to 22,464.65, KOSPI Index added 15.68 points or 0.64% to 2,476.48, Taiwan Weighted increased 38.03 points or 0.35% to 10,980.33, Jakarta Composite jumped 64 points or 1.07% to 6,039.74, Hang Seng rose 170.45 points or 0.56% to 30,758.49, Shanghai Composite spurt 5.55 points or 0.18% to 3,146.85, and Straits Times up by 12.74 points or 0.36% to 3,525.97.
On the flip side, FTSE Bursa Malaysia KLCI was down by 11.33 points or 0.63% to 1,786.07.