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Asian markets show mixed performance, with South Korea’s KOSPI dropping by 1.20%

Asian markets show mixed performance, with South Korea’s KOSPI dropping by 1.20%

101 finance101 finance2026/03/06 06:01
By:101 finance

Asian Stock Markets Show Mixed Performance Amid Ongoing Middle East Tensions

Asian shares delivered a varied performance on Friday, following a volatile period in global markets as unrest in the Middle East persisted with little sign of resolution.

South Korea's main equity index, the KOSPI, experienced a dramatic swing this week—plunging by up to 12% on Wednesday, its steepest single-day decline ever, before making a strong recovery in the subsequent session. However, by Friday, the KOSPI had slipped again, trading more than 1.40% lower for the day.

Jason Hsu, CEO of Rayliant Global Advisors, commented, “Korea stands out compared to other markets. The KOSPI’s reliance on a small group of tech companies tends to amplify its movements, unlike more broadly diversified indices.”

Elsewhere in the region, Japan’s Nikkei 225 edged up by 0.26% to reach 55,418. Chinese stocks rebounded, with the Shanghai Composite gaining 0.25% to 4,118 and the Shenzhen index advancing 0.8% to 14,210.

In other markets, Taiwan’s main index slipped 0.27% to 33,577, while India’s Nifty50 retreated 0.45% to 24,655. Southeast Asian exchanges delivered mixed results, and Australia’s S&P/ASX 200 declined by 1.08% to 8,843.

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