Most of the Asian market indices are trading higher in early deals on Monday, as the major indices, including Nikkei gained despite the weak cues from Wall Street as well as a stronger safe-haven yen. The gains remained capped after Chinese stocks declined more than 1 percent in morning trade. Meanwhile, higher commodity prices gave a boost to resources stocks. On the economic front, Japan will release retail sales figures for September today.
Nikkei 225 up 62.58 points or 0.29 % to 21,247.18, Hang Seng rise 91.48 points or 0.37 % to 24,809.11, Straits Times improve 16.82 points or 0.56 % to 2,988.84, Taiwan Weighted gain 6.78 points or 0.07 % to 9,495.96 and FTSE Bursa Malaysia KLCI up by 0.41 points or 0.02 % to 1,683.47.
On the flip side, Shanghai Composite dip 38.11 points or 1.49 % to 2,560.74, KOSPI Shares down 3.53 points or 0.17 % to 2,023.62, and Jakarta Composite slip 14.59 points or 0.25 % to 5,770.33.
