After a positive opening, most of the Asian equity indices are trading in the red on Tuesday’s morning trade as investors booked their profit garnered in past few sessions. However, Japanese market continued to trade higher for ninth consecutive day, after Bank of Japan’s deputy- governor nominee Kikuo Iwata stated that decisive monetary easing is needed, boosting the morale of Japanese exporters.
Shanghai Composite declined 17.35 points or 0.75% to 2,293.24, Hang Seng slipped 29.44 points or 0.13% to 23,061.38, KLSE Composite dipped by 1.57 points or 0.09% to 1,656.39, KOSPI Composite dropped 8.84 points or 0.44% to 1,994.51 and Taiwan Weighted was down by 18.09 points or 0.23% to 8,020.63.
On the flip side, Nikkei 225 rose 11.05 points or 0.09% to 12,360.10 and Straits Times was up by 16.77 points or 0.51% to 3,309.74.
Jakarta Composite remained shut for the trade today.
