Asia Markets: Asian markets mixed, as MSCI’s inclusion fails to make a splash in China

Asian stocks were mixed in early trading Friday. Selling was the order of the day Down Under, with benchmarks in Australia and New Zealand about 0.3% lower. But the Nikkei ticked up after modest early declines and Korea’s Kospi was 0.7% higher.

Japan’s Nikkei NIK, +0.30% was up 0.4%, helped by advances by automakers and banks. Toyota 7203, +3.05% was up more than 2% and Honda 7267, +0.67% gained 1%.

Chinese stocks were lagging after Thursday’s 1%-plus rebound ahead of the inclusion of mainland equities in MSCI indexes. The Shanghai Composite SHCOMP, -0.53% , fresh off its longest losing streak in 4½ years, was off 0.2% early.

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