SINGAPORE — Shares in Asia-Pacific were mixed in Wednesday morning trade, following overnight gains stateside that saw the tech-heavy Nasdaq Composite rising to a record high.
The Nikkei 225 in Japan sat below the flatline while the Topix index slipped 0.36%.
Minutes from the Bank of Japan’s April monetary policy meeting released Wednesday showed members agreed that stimulus measures, particularly those in advanced economies, could result in a “faster than expected” pace of recovery for Japan and other countries.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.31% higher.
Technology shares in Asia-Pacific were mixed in Wednesday morning trade.
In Japan, shares of conglomerate SoftBank Group slipped 0.71% while South Korea’s Naver surged 9.08%.
Those moves came after the Nasdaq Composite touched a new intraday record overnight on Wall Street, climbing 0.79% on the day to 14,253.37.
The S&P 500 also gained 0.51% to 4,246.44 while the Dow Jones Industrial Average climbed 68.61 points to 33,945.58.
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 91.804 following an earlier low of 91.719.
The Japanese yen changed hands at 110.76 per dollar, having weakened from below 110 against the greenback earlier this week. The Australian dollar was at $0.7543, staying above the $0.752 level that it has traded around for much of the trading week so far.