Asian market indices are exhibiting mixed trend in early deals on Thursday despite an apparent improvement in market risk sentiment after British Prime Minister Theresa May said she has obtained cabinet support for her proposed Brexit deal to move forward. Crude oil prices slipped in Asian trades after rebounding overnight. The Japanese market is declining, tracking the weak cues overnight from Wall Street and a stronger yen. Among the other Asian markets, Singapore, South Korea, and Shanghai are lower. Bucking the trend, Hong Kong, Taiwan, Indonesia and Malaysia are in positive territory.
Nikkei 225 dropped 141.33 points or 0.65% to 21,705.15, Straits Times dipped 0.41 points or 0.01% to 3,042.78, KOSPI Shares decreased 3.56 points or 0.17% to 2,064.49, and Shanghai Composite down by 4.37 points or 0.16% to 2,650.51.
Hang Seng gained 106.49 points or 0.41% to 25,760.92, Taiwan Weighted added 2.81 points or 0.03% to 9,794.69, Jakarta Composite increased 34.71 points or 0.59% to 5,893.00, and FTSE Bursa Malaysia KLCI up by 6.19 points or 0.37% to 1,694.60.
