Asian equity benchmarks are trading lower on Thursday, on account of worries about global economic slowdown amid increasing likelihood of a no-deal Brexit and a lack of progress between the US and China in trade negotiation. Japan's Nikkei is in negative territory following weak cues from US stock market, and on US-China trade war on the tech sector. Among the other Asian markets, Shanghai, Singapore, Hong Kong, Indonesia, South Korea, Taiwan and Malaysia are trading lower.
Nikkei 225 down 43.48 points or 0.20% to 21,478.05, Straits Times dipped 3.77 points or 0.11% to 3,296.98, Hang Seng diminished 180.20 points or 0.68% to 27,588.55, Taiwan Weighted decreased 88.10 points or 0.81% to 10,735.71, KOSPI Index down 2.07 points or 0.10% to 2,022.48, Shanghai narrowed 22.88 points 0.78% to 2,909.63, Jakarta Composite dipped by 0.67 points or 0.01% to 6,389.84, and FTSE Bursa Malaysia KLCI contracted 0.48 points or 0.03% to 1,634.39.
