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Asian markets exhibit mixed performance in early deals on Monday

01 Oct 2018 Evaluate

Asian markets are exhibiting mixed trend in early deals on Monday amid the lackluster cues from Wall Street Friday and as investors digested mixed regional economic data, including data showing a slowdown in China's manufacturing sector in September. Investors also digested the media reports that the United States and Canada have reached a deal to replace the North American Free Trade Agreement. Meanwhile, the South Korea shares is lower despite a private survey showing factory activity expanding in September for the first time since March 2018. Among the other Asian markets, Nikkei, Singapore, Malaysia and Taiwan are higher. Bucking the trend, Indonesia is lower. The markets in China and Hong Kong are closed for the National Day holidays.

Nikkei 225 added 142.46 points or 0.59% to 24,262.50, FTSE Bursa Malaysia KLCI gained 0.19 points or 0.01% to 1,792.96, Straits Times increased 8.88 points or 0.27% to 3,265.93, and Taiwan Weighted up by 46.28 points or 0.42% to 11,052.62.

On the flip side, KOSPI dropped 5.48 points or 0.23% to 2,337.59, and Jakarta Composite down by 24.15 points or 0.41% to 5,952.40.