Accra:Manama Asian stock markets showed mixed results on Friday as concerns over the outlook for artificial intelligence (AI) weighed heavily, following a decline in Alphabet shares that impacted US markets.
According to Bahrain News Agency, Japan's Nikkei 225 fell by 2.3% to 63,155.94 points, and South Korea's Kospi dropped approximately 4% to 5,701.71 points, influenced by losses in SK Hynix and Samsung Electronics.
Australia's S and P/ASX 200 saw a slight increase of 0.2% to 8,908.10 points, while Hong Kong's Hang Seng rose by 1.7% to 23,359.06 points. Conversely, China's Shanghai Composite experienced a decline of 0.4% to 3,636.60 points.
AI-related stocks, especially those of chipmakers, continued to experience volatility amid ongoing concerns over supply issues.