Asian market indices are exhibiting a mixed trend in early deals on Thursday on fears that the US would soon impose tariffs on another $200 billion of Chinese goods, as public consultations drew to a close. Meanwhile, Japan’s Nikkei fell as tech shares were pressured by losses in their US peers overnight and as investors awaited damage assessments after a powerful earthquake in Hokkaido, the latest in a series of natural disasters to hit the country this year. Among the other Asian markets, Shanghai, Indonesia, Singapore, South Korea, and Malaysia are higher. Bucking the trend, Hong Kong, and Taiwan are lower.
Shanghai Composite added 4.51 points or 0.17% to 2,708.85, Jakarta Composite gained 9.50 points or 0.17% to 5,693.00, Straits Times increased 1.11 points or 0.04% to 3,157.39, KOSPI Index spurt 0.35 points or 0.02% to 2,292.12, and FTSE Bursa Malaysia KLCI up by 4.07 points or 0.23% to 1,799.57.
On the flip side, Nikkei 225 dipped 74.14 points or 0.33% to 22,506.69, Hang Seng dropped 175.35 points or 0.65% to 27,068.50, and Taiwan Weighted down by 66.00 points or 0.60% to 10,929.13.
