Most of the Asian markets are trading in red in early deals on Thursday despite the positive cues overnight from Wall Street and reflecting the absence of fresh developments in US-China trade tensions. Japan's Nikkei share average rose as jitters over trade issues that hit markets early this week appeared to recede, while technology stocks rallied on the Nasdaq strong performance overnight. Among the other Asian markets, Hong Kong, Singapore, Malaysia, South Korea, Indonesia and Shanghai are lower. Bucking the trend, Taiwan is higher.
Hang Seng dropped 187.38 points or 0.63% to 29,508.79, Straits Times declined 8.32 points or 0.25% to 3,307.58, FTSE Bursa Malaysia KLCI dipped 20.16 points or 1.18% to 1,689.59, KOSPI Index slipped 11.10 points or 0.47% to 2,352.81, Jakarta Composite contracted 12.26 points or 0.21% to 5,871.78, and Shanghai Composite down by 5.92 points or 0.20% to 2,909.81.
On the flip side, Nikkei 225 added 165.79 points or 0.73% to 22,721.22, and Taiwan Weighted up by 36.11 points or 0.33% to 10,963.55.
