Australia leads gains in mixed day for Asia-Pacific markets; South Korea sees continued losses
23 Sep 2020 | SET News
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Australia leads gains in mixed day for Asia-Pacific markets; South Korea sees continued losses
Stocks in Asia-Pacific traded mixed on Wednesday morning as investors react to recent comments from Federal Reserve Chairman Jerome Powell.
Shares in Australia led gains among the region’s major markets, with the S&P/ASX 200 in Australia jumping 1.59%.
Elsewhere, however, South Korea’s Kospi shed earlier gains as it fell 1.29%, adding on to losses following Tuesday’s decline of more than 2%.
Stocks in Japan were also lower in their first trading day of the week following holidays on Monday and Tuesday. The Nikkei 225 slipped 0.75% while the Topix index dipped 0.77%.
Overall, the MSCI Asia ex-Japan index was little changed.
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