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Asian markets end mixed on Friday

Chinese shares rose ahead of its biggest annual political meeting next week

Asian markets ended mixed onFriday as US Chip giant Nvidia's strong earnings and guidance failed to dispelinvestors’ fears over the durability of an AI boom. Besides, traders remainedcautious as the indirect negotiations between the United States and Iran aimedat easing tensions over Tehran's nuclear program concluded without an agreement.Chinese shares rose ahead of its biggest annual political meeting next week,where policymakers are expected to set economic targets and outline policyplans. Japan’s Nikkei gained after data showed Tokyo's core inflation gaugeeased to the slowest pace in more than a year. A separate data revealed that Japan'sindustrial output in January rose 2.2% from the previous month, marking thefirst expansion in three months, and Retail sales rose 1.8% year-on-yearrebounding from a 0.9% decline in December. Taiwan markets were closed on account of Peace Memorial Day. 

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

4,162.88

16.25

0.39

Hang Seng

26,630.54

249.52

0.95

Jakarta Composite

8,235.49

0.22

0.00

KLSE Composite

1,716.61

-24.33

-1.40

Nikkei 225

58,850.27

96.88

0.16

Straits Times

4,995.07

30.69

0.62

KOSPI Composite

6,244.13

-63.14

-1.00

Taiwan Weighted

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