Most of the Asian equity indices were trading lower on Friday’s morning trade with investors playing wait-and-see before the G20 meeting on Feb 15 and Feb 16 in Moscow. Sentiments also remained dampen on weaker-than-expected euro zone growth data. Economic output in the euro zone fell by 0.6 percent in the fourth quarter, while Germany contracted by 0.6 percent, marking its worst performance since the global financial crisis was raging in 2009. Bucking the trend, South Korean KOSPI edged higher during the trade supported by a halt in the yen’s slide.
Hang Seng slipped 17.41 points or 0.07% to 23,395.84, KLSE Composite dipped 1.07 points or 0.07% to 1,629.82, Nikkei 225 tumbled 182.89 points or 1.62% to 11,124.39 and Straits Times was down by 12.99 points or 0.39% to 3,277.48.
On the flip side, Jakarta Composite rose 12.84 points or 0.28% to 4,601.51 and KOSPI Composite was up by 1.52 points or 0.08% to 1,981.13.
Markets in China and Taiwan remained shut for the Lunar New Year holiday.
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