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Asia Markets: Asian markets mixed, though Nikkei sags again

Asian inventory markets were jumbled in early trading Thursday, after a tech selloff on Wall Street.

Stocks persisted to lag in Japan, with the market’s weakness being led through airways as buyers are taken with near-term vacationer process after a couple of herbal disasters the previous few days. A major earthquake hit the northern island of Hokkaido early Thursday, coming after Typhoon Jebi hit western Japan on Tuesday. Agriculture and mining were the only Topix subindexes of the 33 that were upper, coming because the Nikkei NIK, -0.41%   used to be off a rather modest 0.2%. Japan Airlines 9201, -1.36%   used to be off 1.1%, and ANA 9202, -1.14%   used to be off 1%, while cosmetics maker Kose 4922, -0.87%   shed 1% after the day gone by’s 6.7% slide. Nintendo 7974, -3.61%   fell more than 4% however Sony 6758, +0.87%   rose almost 1%.

Hong Kong shares dropped to session lows as Tencent persisted to sink decrease after Wednesday’s worst remaining worth in a 12 months. The Hang Seng HSI, -0.99%   used to be down 0.five% as Tencent 0700, -3.14%   fell 2% more, making up more than one-third of the index’s decline. Meanwhile, pan-Asia insurer AIA 1299, -1.98%   hit a six-month low as pressure on regional currencies lingers.

Chinese shares posted modest features, with the Shanghai Composite SHCOMP, -0.47%  , down six of the previous seven trading days, up 0.2% while smaller-cap indexes in Shenzhen 399106, -0.72%   rose about the same. The previous week’s softness has driven the market towards remaining month’s multiyear lows, with worries about financial enlargement and U.S. industry members of the family ultimate entrance of thoughts.

Korea’s Kospi SEU, -0.18%   rose somewhat, even though index heavyweight Samsung 005930, -1.07%   fell almost 1%. Hyundai Motor 005380, +3.88%   jumped a further 4.2% to put the week’s achieve at more than 8%.

Australia’s index XJO, -1.12%   used to be at session lows with a 1% decline — even though telecom Telstra TLS, +3.31%   shot up after decreasing its annual guidance — and New Zealand’s NZX 50 NZ50GR, -1.37%   dropped 1.4%.

Taiwan’s Taiex Y9999, -0.64%   slipped 0.2%, while benchmarks in Singapore STI, -0.46%   and Indonesia JAKIDX, -3.76%   posted modest features.

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