All the Asian market indices are trading in red in early deals on Monday, following the weak cues from Wall Street Friday amid the concerns about the ongoing US government shutdown and global economic growth. Hong Kong and China stocks fall on worse-than-expected trade data out of China, highlighting the damage of the US-China trade war on the world’s second-largest economy. The Japanese market is closed for the 'Coming of Age Day' holiday.
Hang Seng declined 368.08 points or 1.38% to 26,299.19, Shanghai Composite dropped 14.24 points or 0.56% to 2,539.59, Taiwan Weighted dipped 78.79 points or 0.81% to 9,680.61, FTSE Bursa Malaysia KLCI slipped 6.50 points or 0.39% to 1,676.72, Straits Times decreased 13.58 points or 0.42% to 3,185.07, Jakarta Composite contracted 50.83 points or 0.80% to 6,310.64, and KOSPI Shares down by 13.42 points or 0.65% to 2,062.15.
