Asian stocks are mixed with Tokyo down on weakening yen

Asian stocks are mixed with Tokyo down on weakening yen

On Tuesday, Asian stocks were quite mixed, with Tokyo giving up some revenues on a weakening yen.

In Japan, the Nikkei 225 went down 0.23%, South Korea's benchmark Kospi index tacked on 0.18%. South Korean tech shares demonstrated mixed performance right after the sell-off in the last trading session. Samsung Electronics grew 0.09%, LG Display tacked on 2.72%t, while memory chip supplier SK Hynix decreased by 0.35%.

In Australia, the S&P/ASX 200 went up by 0.06%. Additionally, several employees of the Australian gaming group, Crown Resorts were charged for the promotion of gambling in China, as Reuters informed. Stocks of Crown managed to gain 0.27% in early trade.

The National Australia Bank published its May business confidence survey, unveiling a plus-7 figure, down from last reading at plus-13 as well as its business poll at plus-12, also dipping from the previous outcome at plus-14.


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