Asian equity indices are exhibiting mixed trend on Monday’s morning trade with exchanges remain closed in several Asian markets. Sentiments in the region remained subdued as Chinese factory data missed market expectations. The country’s factory production ran at its fastest in 11 months in March, though the rise to 50.9 missed market expectations of a bigger headline jump. Meanwhile, Nikkei share average fell to a two-week low on Monday morning as investors took profit after the benchmark posted its best quarterly performance in nearly four years.
KLSE Composite slipped 4.27 points or 0.26% to 1,667.36 and Nikkei 225 was down by 123.53 points or 1.00% to 12,274.38.
On the flip side, Straits Times rose 4.00 points or 0.12% to 3,312.10 and Jakarta Composite was up by 7.34 points or 0.15% to 4,948.33.
Stock market in Hong Kong, South Korea, Taiwan and China remained closed for the trade today.