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Asia Tech Stocks Pare Gains

EQUITIES

Asia tech is paring gains as we head into the break, there doesn't seem to be much of a catalyst for the move, foreign investors have been selling Korean tech stocks this morning although not in any massive size, with just $46m of outflows. BBDXY has erased the morning loses to trade up 0.6%.

  • South Korea's Samsung is down 0.65% while SK Hynix is down 1.75%, Taiwan's TSMC is down 0.65% & Hon Hai is down 1.90%, Japan's Tokyo Electron is down 1%.
  • BBG APAC DM Tech Index is currently trading 0.33% after being as high as 1% earlier.

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