Asian markets traded lower early on Monday as investors kept an eye on political developments in the U.S. after a government shutdown began last week. Meanwhile, the euro and pound both traded higher following weekend political moves.
Japan’s Nikkei 225 hovered around the flat line in the early going. Automakers were mixed: Toyota declined 0.66 percent while Mitsubishi Motors tacked on 1.04 percent. Technology stocks traded mostly higher, with Sony rising 1.09 percent and SoftBank Group advancing 0.71 percent.
Meanwhile, South Korea’s Kospi declined 0.54 percent as index heavyweight Samsung Electronics fell 2.11 percent in early trade. Other technology stocks also declined, with chipmaker SK Hynix declining 1.77 percent and LG Display slipping 0.49 percent.
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