Asian markets exhibit mixed trend in early deals on Monday

Asian markets are exhibiting mixed trend in the early deals on Monday, as investors were slightly encouraged by better-than-expected gross domestic product (GDP) out of the world's second-biggest economy. China's National Bureau of Statistics said that the world's second-largest economy expanded 6.9 percent on year in the third quarter of 2015, beating forecasts for an increase of 6.8 percent although slowing from 7.0 percent growth in the preceding three months. China's industrial production added just 5.7 percent on year in September - missing forecasts for 6.0 percent and down from 6.1 percent in August. Meanwhile, China's retail sales gained an annual 10.9 percent in September, topping expectations for 10.8 percent, which would have been unchanged. Among the other Asian markets, Shanghai, Indonesia, Malaysia and Taiwan are up with modest gains. Bucking the trend, Japan, South Korea, Hong Kong and Singapore are marginally lower.

Nikkei 225 declined 77.96 points or 0.43% to 18,213.84, Hang Seng contracted 45.64 points or 0.20% to 23,021.73, KOSPI Index slipped 5.72 points or 0.28% to 2,024.54 and Straits Times was down by 7.72 points or 0.25% to 3,022.89.

On the flip side, Shanghai Composite jumped 17.06 points or 0.50% to 3,408.41, Jakarta Composite added 47.26 points or 1.05% to 4,569.15, FTSE Bursa Malaysia KLCI increased 1.66 points or 0.10% to 1,718.48, and Taiwan Weighted was up by 1.73 points or 0.02% to 8,606.68.