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Asian stocks mostly weaker; higher tech earnings eyed

Asian equities opened signalling a bearish undertone in the market on the last day of trading for the week, following higher tech earnings in the U.S., after the closing bell and ECB’s decision to hold rates.
Alphabet & Amazon both have slashed the street expectations on both top line and bottom line, causing Nasdaq 100 futures to surge after hours.
Nikkei 225 slipped mildly by 0.18% despite trading higher, after the release of key economic data in the early hours of trade.
ASX 200 was off by 0.19% in early trade, led lower by its materials sub-index, which slipped 1.02%. Kospi rose 0.18%.
Shanghai Composite was off 0.28% and Shenzen Composite weak by 0.245%.
Dollar/Yen strengthened slightly to trade at 111.3 in the early hours, but later reversed those gains to trade at 111.3.
The dollar fetched 109.68 at the start of the week.
Euro /dollar slipped for 2nd consecutive session, trading at $1.0862 at 07:55 am HK/SIN
Japan’s NIKKEI is trading down by 38 points or 0.20% at 19211 levels.
Hang Seng Index is trading down over 48 points or 0.20% at 24649 levels.
ASX 200 is trading up by 14 points or 0.24% at 5907 levels.
China’s Shanghai index is trading down by 3 points or 0.11% at 3148 levels.
Kospi is trading down up by 0.07points or 0.02% at 2209 levels.