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Asian markets trade mixed in early deals on Thursday

02 May 2019 Evaluate

Asian equity benchmarks are trading mixed in the early deals on Thursday as US Central Bank is less likely to trim interest rates this year. Moreover, weakness in commodity rates and softer Wall Street dampened sentiments. Stock markets in Japan and China are closed for public holidays. Among the other Asian markets, Hong Kong, South Korea, and Taiwan are in positive lead. Bucking the trend Singapore, Indonesia and Malaysia are negative territory.

Hang Seng up 188.02 points or 0.63% to 29,887.13, KOSPI Shares increases 9.46 points or 0.43% to 2,213.05, and Taiwan Weighted climb 37.51 points or 0.34% to 11,005.24.

On the flip side, Straits Times plunge 17.99 points or 0.53% to 3,382.21, Jakarta Composite down 67.62 points or 1.05% to 6,387.73, and FTSE Bursa Malaysia KLCI dips by 6.21 points or 0.38% 1,636.08.