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Asian markets trade mixed in early deals on Thursday

17 Oct 2019 Evaluate

Asian equity benchmarks are trading mixed on Thursday as investors were confused over the concerns revolving around Sino-US trade talks along with ongoing negotiations on Brexit. Sentiments also got dampened due to unexpected decline in the US retail sales in September. Japan's Nikkei is trading down followed by negative cues from US stocks. Among the other Asian markets, Singapore, South Korea, and Malaysia are in negative territory, while Hong Kong, Taiwan, Indonesia, and Shanghai are in positive lead.

Hang Seng increased 153.55 points or 0.58% to 26,817.83, Taiwan Weighted up by 24.05 points or 0.22% to 11,186.88, and Jakarta Composite widened by 7.99 points or 0.13% to 6,177.58 and Shanghai up by 1.47 points 0.05% to 2,980.18.

On the flip side, Nikkei 225 down by 11.99 points 0.05% to 22,460.93, Straits Times was down by 11.85 points or 0.38% to 3,122.86, KOSPI Index decreased by 6.58 points or 0.32% to 2,076.25 and FTSE Bursa Malaysia KLCI down by 1.29 points or 0.08% to 1,573.61.