The Asian market indices are trading lower in early deals on Monday following the sell-off on Wall Street Friday after the release of weaker-than-expected US jobs data for the month of November raised concerns about a slowing economy. Meanwhile, China shares fell after weak import and export data for November added to concerns about slowing economic growth, and as the arrest of a senior Huawei executive continued to stoke fears of a return to trade war escalation.
Nikkei 225 dipped 466.52 points or 2.15% to 21,212.16, Hang Seng dropped 366.87 points or 1.41% to 25,696.89, Taiwan Weighted slipped 118.38 points or 1.21% to 9,642.50, FTSE Bursa Malaysia KLCI declined 14.88 points or 0.89% to 1,665.66, Straits Times decreased 42.52 points or 1.37% to 3,068.60, KOSPI Shares tumbled 28.72 points or 1.38% to 2,047.04, Jakarta Composite contracted 25.70 points or 0.42% to 6,100.66, and Shanghai Composite down by 21.99 points or 0.84% to 2,583.90.
