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Asian equities opened mixed on Friday, tracking a confluence of negative factors such as an uninspiring lead from the US overnight, falling commodity prices, weak data from Japan and fresh market jitters from China.
China’s Shanghai Composite index plunged more than than 1 percent from the get-go, extending losses from a a late-day selloff in the previous trading session, which saw the benchmark index closing down 2.2 percent after choppy trade.
Japan’s Nikkei 225 index turned positive, as it regained its footing following the release of mixed economic data before the market open.
South Korea’s Kospi index reversed course to extend Thursday’s near 1 percent plunge, hovering at a three-week low.
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Posted in: Indian Market Tips
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