Asian markets exhibited a mixed performance today, with bearish sentiment prevailing across major indices. The Hang Seng index declined by 1.84%, reflecting a loss of 423.02 points, as selling pressure intensified. The Nikkei 225 also witnessed a significant drop, falling by 1.52% or 593.70 points, marking a bearish outlook for Japanese equities. The Kospi index slipped by 0.53%, losing 14.15 points amidst cautious investor sentiment.
In contrast, other Asian markets showed signs of resilience. The Straits Times index in Singapore rose marginally by 0.06%, gaining 2.23 points, and maintained a very bullish outlook. Taiwan Weighted index dipped by 0.85%, shedding 201.11 points, while the Shanghai Composite experienced a slight decline of 0.16%, losing 5.21 points.
The Jakarta Composite bucked the trend, registering a modest gain of 0.44% or 29.78 points, showcasing positive momentum. Overall, the Asian market landscape remains cautious, with mixed performances across the region.
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