Asian Stocks Trade Mixed Ahead Of Fed's Jackson Hole Conference

Asian stocks traded mixed but remained broadly directionless as investors speculated whether any decisive tapering hints would emerge out of the U.S. Fed's Jackson Hole symposium later in the week. While regional benchmarks Shanghai Composite and NZX50 gained close to 0.75 percent, most other benchmarks rose only modestly. Nikkei and Hang Seng however retreated from previous close.

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