Asian equity benchmarks are trading mixed on Tuesday, in a low volume trade as the markets awaited the release of the corporate earnings season after this week for directional cues. Japanese Nikkei is in a lower note despite modest gains on Wall Street, with the cautious trade as investors are returning after a three-day weekend. Moreover, the impending release of quarterly results from a slew of other big-name companies, also weighed on the investments. Among the other Asian markets,
Shanghai, Indonesia and Malaysia are in negative territory. However, Singapore, South Korea, Hong Kong, and Taiwan are in positive lead
Nikkei 225 decreased 147.91 points or 0.68% to 21,537.99, Shanghai dipped by 3.11 points 0.11% to 2,939.08, Jakarta Composite diminished by 18.65 points or 0.29% to 6,399.58, and FTSE Bursa Malaysia KLCI decreaseed 4.93 points or 0.29% to 1,667.44.
On the flip side, Straits Times up 7.88 points or 0.24% to 3,355.83, Hang Seng rose 37.56 points or 0.13% to 28,592.44, Taiwan Weighted up 12.25 points or 0.11% to 10,888.68, and KOSPI Index gained 4.85 points or 0.23% to 2,087.33.
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