Asia markets trade mixed; yen strengthens against the dollar – CNBC
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Asia markets were mixed on the final trading day of the week, following a nearly 1 percent or more decline in U.S. equities overnight, while the yen saw fresh strength against the dollar.
As of 10:18 a.m. HK/SIN, the yen traded at 107.32 against the dollar, compared with levels over 108 earlier in the session. That followed the pair’s fall of as much as nearly 3 percent Thursday afternoon local time from levels over 111..
Australia’s ASX 200 reversed early losses to trade up 0.28 percent, boosted by a 0.88 percent advance in the energy sub-index.
In South Korea, the Kospi was down 0.65 percent, while in Hong Kong, the Hang Seng index dropped 1.24 percent. Chinese mainland markets were higher, with the Shanghai composite up 0.11 percent and the Shenzhen composite up 0.42 percent.
Japanese markets are closed on Friday for a public holiday. The Japanese benchmark index tumbled 3.61 percent in the previous session, after the Bank of Japan (BOJ) stood pat on monetary policy, disappointing a substantial section of the market betting on further stimulus.
Asia markets trade mixed; yen strengthens against the dollar – CNBC}