Japanese and South Korean equity benchmarks gave up ground intraday, with the KOSPI reversing earlier gains of more than 3%, Gate data showed.
The Nikkei 225 moved back below 71,000 and was down 0.11% on the day, while South Korea’s KOSPI fell below 9,000 and was down 0.73% after earlier rising more than 3%. The moves point to a pullback in two closely watched Asian equity benchmarks after earlier strength, according to data cited by Gate.