US futures and Asian shares traded mostly lower on Friday, tracking Wall Street’s losses as technology stocks again dragged on markets.
Bitcoin sank to roughly half its record price, giving back all it gained since US President Donald Trump won the White House for his second term.
Tokyo’s Nikkei 225 was up 0.5 per cent to 54,073.52, recovering from losses earlier this week, with technology-related stocks leading gains. SoftBank Group rose 1.9 per cent, and chipmaker Tokyo Electron rose 3 per cent. Japan will also be holding its general election on Sunday, in which Prime Minister Sanae Takaichi expects to win a stronger public mandate for her policies.
South Korea’s Kospi lost 1.7 per cent to 5,076.69, weighed down by tech shares. Samsung Electronics, the country’s biggest listed company, fell 0.9 per cent. Chipmaker SK Hynix was down 0.6 per cent.
Hong Kong’s Hang Seng fell 1.2 per cent to 26,569.14. The Shanghai Composite index was flat at 4,075.37.
In Australia, the S&P/ASX 200​US futures and Asian shares traded mostly lower on Friday, tracking Wall Street’s losses as technology stocks again dragged on markets.
Bitcoin sank to roughly half its record price, giving back all it gained since US President Donald Trump won the White House for his second term.
Tokyo’s Nikkei 225 was up 0.5 per cent to 54,073.52, recovering from losses earlier this week, with technology-related stocks leading gains. SoftBank Group rose 1.9 per cent, and chipmaker Tokyo Electron rose 3 per cent. Japan will also be holding its general election on Sunday, in which Prime Minister Sanae Takaichi expects to win a stronger public mandate for her policies.
South Korea’s Kospi lost 1.7 per cent to 5,076.69, weighed down by tech shares. Samsung Electronics, the country’s biggest listed company, fell 0.9 per cent. Chipmaker SK Hynix was down 0.6 per cent.
Hong Kong’s Hang Seng fell 1.2 per cent to 26,569.14. The Shanghai Composite index was flat at 4,075.37.
In Australia, the S&P/ASX 200 ​Latest News [ SOBAN NEWS: International and National ]
