Most Asian stocks declined as Japanese shares fell while Taiwan’s benchmark gauge failed to hold on to gains as investors weighed easing trade tensions between the U.S. and China.
The MSCI Asia Pacific Index rose 0.2 percent to 174.46 as of 4:17 p.m. in Hong Kong, with about four stocks falling for every three that gained. Japan’s Topix declined 0.2 percent as a technical chart signaled recent gains were excessive. Pressure on emerging market currencies from Thailand to Malaysia eased as the U.S. dollar maintained losses. Markets in Hong Kong and South Korea are closed for a holiday. Vietnam’s benchmark gauge slumped 2.8 percent, close to erasing all of its gains this year.
Source : Bloomberg