Asian equity benchmarks are trading lower in the early deals on Thursday, with the overnight decline in crude oil prices and the European Central Bank’s decision to suspend the collateral waiver facility for Greek banks dampening investor sentiment. Further, Japan’s Nikkei share average dipped as investors took profits in Toyota and some others after their unsurprising earnings. Among the other markets in the Asia-Pacific region, South Korea, Taiwan, Malaysia, Indonesia, Singapore are in negative territory. Shanghai and Hong Kong are higher with modest gains.
Nikkei 225 contracted 166.62 points or 0.94% to 17,512.12, KOSPI Index dipped 12.80 points or 0.65% to 1,949.99, FTSE Bursa Malaysia KLCI crumbled 0.78 points or 0.04% to 1,802.24, Taiwan Weighted declined 30.08 points or 0.32% to 9,483.84, Jakarta Composite slipped 30.80 points or 0.58% to 5,284.48 and Straits Times was down by 15.29 points or 0.45% to 3,402.28.
On the flip side, Hang Seng surged 138.87 points or 0.56% to 24,818.63 and Shanghai Composite was up by 31.42 points or 0.99% to 3,205.55.
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