Most of the Asian equity benchmarks are trading higher on Monday, though capped gains in the session amid uncertainties surrounding final outcome of Brexit and on negative cues from US stock market Friday. Oil stocks trading in weaker side following weaker crude oil settlement on Friday. Japan’s Nikkei is in positive note as investors digested data showing that Japan marked an unexpected trade deficit in the month of September. Among the other Asian markets, Indonesia, Singapore, Hong Kong, and South Korea are in positive trend. However, Taiwan, Shanghai and Malaysia are in negative pace. Nikkei 225 up 63.13 points 0.28% to 22,555.81, Straits Times rose 28.63 points or 0.92% to 3,142.79, Hang Seng jumped 64.14 points or 0.24% to 26,783.72, KOSPI Index increased 2.57 points or 0.12% to 2,063.26, and Jakarta Composite widened by 7.56 points or 0.12% to 6,199.51. On the flip side, Taiwan Weighted dipped 12.21 points or 0.11% to 11,168.01, Shanghai narrowed 3.62 points 0.12% to 2,934.52 and FTSE Bursa Malaysia KLCI contracted 2.40 points or 0.15% to 1,568.75.
