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Asia Markets: Wary investors weigh on Asian markets after North Korean nuclear test

Investors moved into haven assets and sold stocks as Asian trading began Monday, but reactions were measured to North Korea’s largest-ever nuclear test.

Initial moves into the likes of the Japanese yen slowed as the morning progressed, with price fluctuations in a number of Asian markets more pronounced last Tuesday, when North Korea fired a missile over a main Japanese island for the first time since 2009.

South Korea’s Kospi SEU, -0.77% fell as much as 1.7% as stock trading started there Monday, but the declines immediately started to shrink and the index was recently down 0.9%. The South Korean won slid 1% against the U.S.

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