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Asian markets trade lower in early deals on Friday

27 Sep 2019 Evaluate

Asian equity benchmarks are trading lower on Friday on account of worries on political uncertainty in the US following the release of a formal impeachment inquiry into President Donald Trump. Market sentiments also weighed following mixed reports on the US-China trade front. Japan's Nikkei was trading in red despite a weaker yen. In addition, shares of several major companies on the Topix index are trading ex-dividend. Among the other Asian markets, Hong Kong, South Korea, Indonesia, Singapore, Taiwan, Shanghai, and Malaysia are in negative trend.

Nikkei 225 down 289.13 points 1.31% to 21,759.11, Straits Times narrowed 8.55 points or 0.27% to 3,117.26, Hang Seng decreased 78.65 points or 0.30% to 25,963.28, Taiwan Weighted diminished 20.41 points or 0.19% to 10,851.58, KOSPI Index dipped 25.12 points or 1.21% to 2,049.40, Jakarta Composite reduced by 28.16 points or 0.45% to 6,202.17, Shanghai inch down 0.11 points 0.02% to 2,928.97, and FTSE Bursa Malaysia KLCI dropped 6.87 points or 0.43% to 1,586.13.

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