Asia-Pacific stocks little changed as tech shares bounce
Stocks in Asia-Pacific were little changed following an overnight bounce for tech stocks on Wall Street as a recent rotation into cyclicals paused.
In Japan, the Nikkei 225 advanced 0.6% in early trade while the Topix index was fractionally lower. In South Korea, the Kospi dipped 0.33%.
Shares of Australia nudged higher, with the S&P/ASX 200 gaining about 0.1%.
MSCI’s broadest index of Asia-Pacific shares traded fractionally lower.
Technology shares in the region rose in Thursday morning trade after the sector bounced overnight stateside.
In Japan, Softbank Group shares jumped 1.93%. Game maker Nintendo also surged 2.57%. Over in South Korea, Kakao’s stock gained 1.27%.
Reference: CNBC
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