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Japan Pounded
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Asian markets were mixed Monday, with chipmakers following international peers sharply lower, as traders weighed the latest events in the Middle East and braced for a slew of corporate earnings reports due out later in the week.

The Nikkei 225 tumbled 1,315 points, or 1.9%, to 68,242.73.

In Hong Kong, the Hang Seng index forged ahead 38.6 points, or 0.2%, to 24,213.72.

Semiconductor names were under pressure ahead of the market open. U.S.-listed shares of SK Hynix lost 8% following the South Korean chipmaker’s NASDAQ debut on Friday, when it soared 13%.

In other markets;

In Shanghai, the CSI index faltered 85.4 points, or 1.8%, to 4,695.38.

In Korea, the Kospi index stumbled 669.01 points, or 9%, to 6,806.93

In Singapore, the Straits Times 50 index nicked higher 1.05 points to 5,470.34

In Taiwan, the Taiex index jumped 25.91 points, or 0.1%, to 45,380.52.

In New Zealand, the NZX 50 docked 62.46 points, or 0.5%, to 13,723.21.

In Australia, the ASX gained 2.47 points to 8,808.51

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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