Asia markets waver as yen strengthens and oil falls – CNBC
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Asia markets wavered between gains and losses on Wednesday, as the yen nudged higher against the dollar and oil prices retreated.
In Australia, the benchmark ASX 200 pared some of the early gains of more than 1.2 percent to close up 29.51 points, or 0.55 percent, at 5,372.30, with the heavily-weighted financials sub-index dropping 0.15 percent.
The Nikkei 225 trimmed initial gains of over 1.3 percent to close near flat at 16,579.01, with many Japanese shares coming under pressure from fresh strength in the yen against the dollar. Across the Korean Strait, the Kospi retraced some of its losses of over 0.5 percent to close down 2.40 points, or 0.12 percent, at 1,980.10. In Hong Kong, the Hang Seng index closed down 187.39 points, or 0.93 percent, at 20,055.29.
Asia markets waver as yen strengthens and oil falls – CNBC}