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Asian markets: Mixed index movement

Money1 min čitanja
Asian markets: Mixed index movement

Asia-Pacific markets traded mixed on Friday, after US stocks fell overnight, while Nvidia shares fell despite a quarterly earnings drop.

Japan’s Nikkei 225 fell 0.6%, while the Topix was unchanged. Japan’s benchmark index hit 59,000 for the first time on Thursday before paring gains slightly.

South Korea’s Kospi fell 1.1%, while the Kosdaq, an index of small companies, fell 0.35%.

Hong Kong’s Hang Seng Index rose 0.68%, while the CSI 300 fell 0.49%.

Australia’s S&P/ASX 200 was unchanged in early trading, SEEbiz reports.

Asian tech stocks fell in early trading. SK Hynix, a key supplier of high-bandwidth memory to Nvidia, fell more than 2%. Samsung Electronics, a longtime partner of Nvidia, fell by 0.69%.

SoftBank Group, a major investor in artificial intelligence companies, fell more than 3%.

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