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June 29, 2018, 8:01 a.m. EDT

Australia caps a sunny quarter in mostly mixed Asia-Pacific stock action

Bullish milestones for Australia and New Zealand as Japan’s Nikkei pulls out June gain and China down 10% for quarter

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By Dow Jones Newswire


Getty Images/iStockphoto
People enjoy the sun at Bondi Beach in Sydney, Australia.

Asia-Pacific stocks were mixed on Friday, the last trading day of an up-and-down second quarter.

Australian stocks emerged as stars with June’s outperformance, allowing Australia’s key index /zigman2/quotes/210598100/delayed AU:XJO -1.60%   to hit levels last seen at the start of 2008 and New Zealand’s benchmark /zigman2/quotes/211587880/delayed NZ:NZ50GR -1.16%   to log a series of record closing highs. Both gave up early Friday gains to close lower for the session, but the move did little to tarnish the quarter.

Japan’s Nikkei /zigman2/quotes/210597971/delayed JP:NIK -3.34%   rose 0.2% after mixed trading Friday, as it barely gained for June but avoided logging a fourth monthly drop out of the past five. The transportation and oil sectors fared the worst, with Japan Petroleum Exploration /zigman2/quotes/201212147/delayed JP:1662 -5.82%   and Inpex /zigman2/quotes/206689846/delayed JP:1605 -4.63%   each down more than 2%. Sharp Corp. /zigman2/quotes/203224600/delayed JP:6753 -5.66%   skyrocketed after the company dropped a plan to issue as much as $2 billion in new shares.

In China, the Shanghai Composite /zigman2/quotes/210598127/delayed CN:SHCOMP -0.60%   rose 2% after four days of losses, but will record a 10% loss for a quarter that landed it in correction territory. Hong Kong’s Hang Seng Index /zigman2/quotes/210598030/delayed HK:HSI +0.27%   was up 1.6% for the session, though down 3.7% for the quarter.

South Korea’s Kospi /zigman2/quotes/210598069/delayed KR:180721 +1.18%   flitted between gains and losses but its firmer finish snapped a three-day losing streak after notching a 13-month closing low Thursday. Samsung Electronics /zigman2/quotes/209800866/delayed KR:005930 +1.94%   fell, though other tech companies gained.

Markets in Taiwan  and Singapore /zigman2/quotes/210597985/delayed SG:STI +0.51%   rose Friday as well.

/zigman2/quotes/210598100/delayed
AU : S&P ASX
6,866.60
-111.70 -1.60%
Volume: 1.04M
Feb. 25, 2020 5:32p
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/zigman2/quotes/211587880/delayed
NZ : New Zealand: NZX
11,719.23
-137.89 -1.16%
Volume: 0.00
Feb. 25, 2020 5:00p
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/zigman2/quotes/210597971/delayed
JP : Nikkei
22,605.41
-781.33 -3.34%
Volume: 0.00
Feb. 25, 2020 3:15p
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/zigman2/quotes/201212147/delayed
JP : Japan: Tokyo
¥ 2,605.00
-161.00 -5.82%
Volume: 445,900
Feb. 25, 2020 3:00p
P/E Ratio
7.47
Dividend Yield
1.92%
Market Cap
¥159.91 billion
Rev. per Employee
¥156.48M
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/zigman2/quotes/206689846/delayed
JP : Japan: Tokyo
¥ 1,020.00
-49.50 -4.63%
Volume: 8.28M
Feb. 25, 2020 3:00p
P/E Ratio
9.48
Dividend Yield
3.53%
Market Cap
¥1561.68 billion
Rev. per Employee
¥291.81M
loading...
/zigman2/quotes/203224600/delayed
JP : Japan: Tokyo
¥ 1,399.00
-84.00 -5.66%
Volume: 2.61M
Feb. 25, 2020 3:00p
P/E Ratio
14.29
Dividend Yield
1.79%
Market Cap
¥910.77 billion
Rev. per Employee
¥50.23M
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/zigman2/quotes/210598127/delayed
CN : China: Shanghai
3,013.05
-18.18 -0.60%
Volume: 44.16B
Feb. 25, 2020 3:01p
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/zigman2/quotes/210598030/delayed
HK : Hong Kong Exchange
26,893.23
+72.35 +0.27%
Volume: 1.92M
Feb. 25, 2020 4:08p
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/zigman2/quotes/210598069/delayed
KR : Korea Exchange
2,103.61
+24.57 +1.18%
Volume: 1.57M
Feb. 25, 2020 3:32p
loading...
/zigman2/quotes/209800866/delayed
KR : S. Korea: KRX
57,900.00
+1,100 +1.94%
Volume: 23.89M
Feb. 25, 2020 3:30p
P/E Ratio
15.98
Dividend Yield
2.45%
Market Cap
₩385824.00 billion
Rev. per Employee
N/A
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/zigman2/quotes/210597985/delayed
SG : Singapore: SGX
3,158.24
+16.04 +0.51%
Volume: 0.00
Feb. 25, 2020 5:20p
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