Asian Stocks Trade Flat as Nikkei Rebounds on Weak Yen
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#c0f35c29 ver:0.27
Investors in Asia remained cautious as most stocks in the region traded within a tight range on Tuesday, following a lackluster session on Wall Street. The anticipation of key economic readings later in the week kept sentiment on edge. However, South Korean stocks stood out, with the KOSPI index surging 1.3% to reach a two-year high. This rally was driven by gains in heavyweight technology stocks, fueled by ongoing excitement surrounding artificial intelligence. Memory chip maker SK Hynix Inc led the gains, climbing 5.2% to a record high, while Samsung Electronics Co Ltd also saw a 1.9% jump. In contrast, other Asian stocks remained subdued, with the Nikkei 225 falling 0.1% and the ASX 200 slipping 0.1% after nearing record highs. The Shanghai Shenzhen CSI 300 indexes traded in a flat-to-l...
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