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Asian markets trade mixed in early deals on Friday

12 Apr 2019 Evaluate

Asian equity benchmarks are trading mixed in the early deals on Friday, owing to a volatile trade as investors eyed ahead to the impending corporate earnings season and the China's trade data to be released later in the day. Japan's Nikkei is trading higher with the weaker yen and on optimism about a US-China trade deal. On the global front, major US stock indexes end mostly lower on Thursday after losses in health care stocks mostly offset gains in industrial companies and banks.

Nikkei 225 up 124.27 points or 0.57% to 21,835.65, Jakarta Composite increased 4.91 points or 0.08% to 6,415.08, KOSPI Shares peaked by 1.84 points or 0.08% to 2,226.28 and FTSE Bursa Malaysia KLCI gained by 2.07 points or 0.13% to 1,626.30.

On the flip side, Hang Seng down 107.25 points 0.36% to 29,732.20, Taiwan Weighted declined 18.42 points or 0.17% to 10,790.35, Shanghai Composite decrease 14.12 points or 0.44% to 3,175.84,and Straits Times contracted 5.35 points or 0.16% to 3,325.47.