MoneyWorks4Me

Asian markets trade mixed in early deals on Thursday

04 Apr 2019 Evaluate

Asian equity benchmarks are trading mixed in the early deals on Thursday, with cautious outlook amid ongoing negotiations between the US and China. Japan's Nikkei edged lower with the major exporters in mixed trend and on a slightly stronger yen. In addition, profit booking by the investors after recent session gains also weighed market sentiments. However, positive note of Wall Street as the two economic power houses reportedly closer to striking a deal to end a protracted trade dispute, provided some support.

Nikkei 225 down 1.34 points or 0.01% to 21,711.87, KOSPI Shares dipped 3.01 points or 0.14% to 2,200.26, Hang Seng dip 155.14 points or 0.52% to 29,831.25, Straits Times weighed 4.70 points or 0.14% to 3,306.57, and FTSE Bursa Malaysia KLCI down by 0.20 points or 0.01% to 1,643.01.

On the flip side,Taiwan Weighted rose 14.08 points or 0.13% to 10,704.38,Shanghai Composite up by 18.11 points or 0.56% to 3,234.41,Jakarta Composite hiked 12.07 points or 0.19% to 6,488.14,