Set for weekly declines, South Korea stocks were the leading decliners

Sep. A woman rides a bicycle against the backdrop of the Marina Bay Sands Hotel and high-rise buildings in Singapore on April 4, 2023.

Rozlan Rahman | AFP | Good pictures

Asia-Pacific markets were mixed on Friday, after falling in the first few trading days of the new year, with most markets seeing declines in the first weekend of the year.

As inflation took a hit in the Philippines, investors weighed data from across the region The highest level in nearly two years And Data from Japan It stopped shorting on its private sector activities.

Most markets in Asia fell on the week, with Hong Kong's Hang Seng index down 2.8% and South Korea's Kospi down more than 3%.

The Hang Seng fell 0.63%, while China's CSI 300 fell 0.54% to 3,329.11. On a weekly basis, the CSI 300 lost 2.97%.

In Australia, the S&P/ASX 200 Ended 0.07% lower at 7,489.10, extending declines for a third day. The index fell 1.3% on the week.

of Japan Nikki 225 The broader topics added 0.62% to end at 2,393.54, up 0.27% to 33,377.42. It marked the first gain for the Nikkei since Japan's New Year earthquake and JAL plane crash in the first two days of the year.

of South Korea Cosby 0.35% lower to end at 2,578.08, while small-cap Costco rose 1.39% to end at 878.33%.

The Topix and Kosdaq were the week's biggest gainers, each rising more than 1%.

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