FX, Tech and Property Outlooks Roil Asian Stock Markets
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Asian stock markets experienced volatility, with tech shares struggling while property stocks gained. The Nikkei 225 fell 0.8% as traders took profits ahead of national elections, despite a rise in Japan's service-sector PMI. Hong Kong's Hang Seng Index remained flat, with tech stocks declining but property issues rising on tax reports. The Shanghai Composite rose 0.9%, and other regional exchanges saw gains. Overall, the MSCI All Country Asia Pacific Index fell 0.1%.
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