Asian equity benchmarks are trading lower on Wednesday on account of concerns surrounding geo-political uncertainty in the US after House Speaker Nancy Pelosi announced a formal impeachment inquiry into US President Donald Trump. Japan's Nikkei is in negative trend with a stronger yen, following negative cues from Wall Street. Among the other Asian markets, Shanghai, Hong Kong, South Korea, Singapore, Taiwan, Indonesia and Malaysia are in negative territory.
Nikkei 225 down 78.44 points 0.35% to 22,020.40, Straits Times narrowed 19.73 points or 0.63% to 3,135.73, Hang Seng decreased 249.08 points or 0.95% to 26,031.92, Taiwan Weighted narrowed 72.55 points or 0.66% to 10,845.46, KOSPI Index dipped 19.69 points or 0.94% to 2,081.35, Jakarta Composite lower by 15.16 points or 0.25% to 6,122.45, Shanghai diminished 17.09 points 0.57% to 2,968.25, and FTSE Bursa Malaysia KLCI declined 4.89 points or 0.31% to 1,587.44.
