Asian stocks traded mixed on Thursday, as several regional markets shrugged off weakness seen overnight on Wall Street.
Japan’s benchmark Nikkei 225 pared gains of more than 1 percent seen earlier to dip 0.1 percent as the yen firmed slightly after falling overnight. The broader Topix retraced earlier gains to slip 0.44 percent.
The pharmaceuticals sector declined as shares of Takeda Pharmaceutical dropped 7.07 percent. The Japanese company said Wednesday that it was at “a preliminary and exploratory stage” regarding a possible bid for U.K. drugmaker Shire.
Elsewhere, the Kospi tacked on 0.11 percent as manufacturing names and automakers traded in negative territory. Despite the broader move lower, Samsung Electronics edged up by 0.37 percent.
Hong Kong’s Hang Seng Index was off by 0.17 percent as technology and energy stocks lagged. Heavyweight Tencent was off by 0.29 percent and Apple supplier AAC Technologies was down 1.62 percent after the smartphone components maker declined in U.S. trade.
shanghai shares start week with losses 25 june 2018
Hong Kong, (UrduPoint / Pakistan Point News - 25th Jun, 2018 ) :Hong Kong and mainland Chinese stocks fell on...
