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Currencies

Asia-Pacific Mostly Falls

Asia-Pacific stock markets mostly fell Friday, tracking losses overnight in the S&P 500 and the tech-heavy NASDAQ.

In Japan, the Nikkei 225 settled 52.75 points, or 0.1%, to 53,322.85.

In Hong Kong, the Hang Seng index collapsed 580.98 points, or 2.1%, to 27,387.11.

Customers of HSBC, Hong Kong’s largest bank, were unable to access the lender’s mobile banking app on Friday. A bank spokesperson said services were gradually returning to normal. The bank’s shares closed 0.5% lower in Hong Kong.

Gold and silver prices fell Friday, after hitting record highs a day earlier, as investors book profits after a record-breaking rally this year.

Spot gold prices declined over 4% to $5,156.64 U.S. per ounce. The yellow metal remained around 20% higher year to date.

In other markets

The CSI 300 in Shanghai lost 47.53 points, or 1%, to 4,707.34.

In Korea, the Kospi index eked higher 3.11 points, or 0.1%, to 5,224.36.

In Taiwan, the Taiex dropped 472.52 points, or 1.5%, to 32,063.75.

In Singapore, the Straits Times Index sank 24.9 points, or 0.5%. to 4,905.13.

In Australia, the ASX faded 58.38 points, or 0.7%, to 8,869.15.

In New Zealand, markets were closed for holiday.