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Asia Markets: Down Under caps sunny quarter, as other Asia-Pacific markets stagger toward finish

Asia-Pacific shares had been mixed on Friday, the final trading day of the quarter.

The 2d quarter was up and down for the area, but shares Down Under emerged as stars with June’s outperformance, permitting New Zealand’s benchmark NZ50GR, -0.07%   to log a sequence of file remaining highs and Australia’s key index XJO, +0.02%   to hit levels final seen firstly of 2008. Both had been up 0.2% Friday morning.

South Korea’s Kospi SEU, +0.26%   sank after early gains because it regarded to end a three-day losing streak after notching a 13-month remaining low Thursday. Samsung Electronics 005930, +0.11%   fell, regardless that different tech companies gained.

Japan’s Nikkei NIK, +0.18%   gave up an preliminary 0.2% advance, and was final down 0.3%, because it tried to keep away from logging a fourth per month drop out of the previous 5. The transportation and oil sectors had been faring the worst, with Japan Petroleum Exploration 1662, -0.17%   and Inpex 1605, +0.26%   each down more than 2%. Sharp Corp. 6753, +16.94%   skyrocketed after the company dropped a plan to factor as much as $2 billion in new stocks.

In China, the Shanghai Composite SHCOMP, +1.20%   rose after 4 days of losses, as did Hong Kong’s Hang Seng Index HSI, +1.14%  .

Markets in Taiwan Y9999, +1.35%  and Singapore STI, +0.70%   rose as neatly.

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