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Asia Indices See Muted Moves

Stocks in Asia-Pacific struggled for direction on Thursday as tech shares in the region bounced from recent declines.

The Nikkei 225 in Tokyo continued on the march, gaining 171.28 points, or 0.7%, to 25,520.88.

The Japanese yen traded at 105.30 per U.S. dollar, still off levels below 104.3 against the greenback seen earlier this week.

In Japan, Softbank Group shares jumped 1.5%. Game maker Nintendo also surged 4.3%. Over in South Korea, Kakao’s stock gained 0.6%.

In Hong Kong, the Hang Seng index lost 57.6 points, or 0.2%, to 26,169.38.

Hong Kong-listed shares of Chinese tech firms mostly soared Thursday: Tencent gained 4.7% while Xiaomi jumped 3.6% and JD.com surged 7.7%. Alibaba also added 1.9%. The moves came after China’s tech giants sold off on Wednesday amid potential anti-monopoly rules.

The Australian dollar was at $0.7255, having seen levels around $0.73 yesterday.

In other markets

In Shanghai, the CSI 300 inched up 3.56 points, or 0.1%, to 4,908.46.

In Korea, the Kospi index slipped 10.25 points, or 0.4%, to 2,475.62.

In Taiwan, the Taiex Index deleted 40.41 points, or 0.3%, to 13,221.78.

In Singapore, the Straits Times Index moved lower 1.38 points, or 0.1%, to 2,711.60

In New Zealand, the NZX 50 forged ahead 4.99 points to 12,670.62

In Australia, the ASX 200 dropped 31.46 points, or 0.5%, to 6,418.22.