Asia-Pacific stocks mixed; investors watch tech shares after Nasdaq hits all-time high
23 Jun 2021 | SET News
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Asia-Pacific stocks mixed; investors watch tech shares after Nasdaq hits all-time high
Shares in Asia-Pacific were mixed in Wednesday morning trade, following overnight gains stateside that saw the tech-heavy Nasdaq Composite rising to a record high.
The Nikkei 225 in Japan gained 0.36% in early trade while the Topix index advanced fractionally.
Minutes from the Bank of Japan’s April monetary policy meeting released Wednesday showed members agreed that stimulus measures, particularly those in advanced economies, could result in a “faster than expected” pace of recovery for Japan and other countries.
South Korea’s Kospi edged 0.27% higher. Meanwhile, shares in Australia lagged as the S&P/ASX 200 declined 0.16%.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.13% higher.
Technology shares in Asia-Pacific rose in Wednesday morning trade. In Japan, shares of conglomerate SoftBank Group edged 0.14% higher while South Korea’s Naver surged 6.14%.
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