Of the few Asian equity counters that were trading, mostly were in the negative terrain in Friday’s morning deals as investors remained cautious after the previous session’s strong up-move. With the euphoria over the Federal Reserve’s decision to maintain the pace of its economic stimulus waning a bit, a section of investors are busy taking some profits. Japanese markets were trading slightly in the red with investors treading cautiously amid doubts about the near-term outlook for the market after Thursday’s sharp up-move.
Jakarta Composite declined 56.02 points or 1.20% to 4,614.71, Nikkei 225 slipped 26.65 points or 0.18% to 14,739.53 and Straits Times was down by 10.87 points or 0.33% to 3,240.91.
On the flip side, KLSE Composite was up by 9.36 points or 0.52% to 1,802.27.
Markets in China, Hong Kong, South Korea and Taiwan remained closed for the trade on public holidays.
