Asian markets closed mixed after technology stocks declined in the wake of the US election. The result, a Democratic victory, fueled concerns about tighter regulation of artificial intelligence, while investors assessed the sustainability of investment. Geopolitical tensions, particularly in the Middle East, also remained in focus.
Tokyo fell 1.79% and Seoul dropped 5.2%. The yen strengthened to just below 158 against the dollar and to 177.80 against the euro. Hong Kong was up 3.3%, Shenzhen gained 1.3% and Mumbai rose 1.9% in trading that was still underway. Shanghai edged down 0.1%.
Economic figures due include factory orders in Germany, industrial production in France and retail sales in Italy. The euro area is set to report producer prices, while the United States is due to publish unemployment claims.
Sources: ANSA Economia.