Asian markets traded mixed in early deals on Monday, as some of the major stock markets are closed for the day. Geopolitical tensions and fluctuating oil prices are influencing investor sentiment across the region. Ongoing uncertainty surrounding US trade policies, particularly after the announcement of tariffs on steel and aluminum imports, has created a cautious atmosphere among investors. Stock markets of China, Hong Kong, Japan, and South Korea are close for holiday today.
Straits Times added by 4.01 points or 0.10% to 3,849.15, and Jakarta Composite up by 35.82 points or 0.53% to 6,851.55.
On the flip side, Taiwan Weighted down by 172.86 points or 0.83% to 20,614.78, and FTSE Bursa Malaysia KLCI narrowed by 7.05 points or 0.46% to 1,535.44.
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