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Asian markets trade mostly lower in early deals on Tuesday

25 Jun 2019 Evaluate

Most of the Asian equity benchmarks are trading in red in early deals on Tuesday, due to cautious outlook among investors ahead of the meeting between Presidents Donald Trump and Xi Jinping this week at the G-20 summit in Japan, which presents a pivot point for trade relations between the two countries. Investors also kept a close watch for more dovish comments from Federal Reserve on rates. Japan's Nikkei traded lower amid escalated tensions between the US and Iran and on lackluster cues from Wall Street index. Among the other Asian markets, Singapore, Shanghai, Hong Kong, South Korea, Malaysia and Taiwan, are trading weaker.However, Indonesia is in positive lead.

225 down 116.92 points or 0.55% to 21,169.07, Hang Seng rose 372.52 points or 1.31% to 28,140.48, Straits Times was diminish 2.51 points or 0.08% to 3,309.02, KOSPI Index dip 2.85 points or 0.13% to 2,123.48, Shanghai was reduced by 54.77 points 1.82% to 2,953.38, Taiwan Weighted dip 66.17 points or 0.61% to 10,713.28 and FTSE Bursa Malaysia KLCI decreases 1.35 points or 0.08% to 1,674.78.

On the flip side, Jakarta Composite up by 31.69 points or 0.50% to 6,320.16.

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