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Stocks

Nikkei Asia300 Index little changed as tech firms gain, offsetting weak energy stocks

PetroChina, CNOOC, SK Innovation all drop after Brent crude eases

MUMBAI (NewsRise) -- Asian stocks outside of Japan ended little changed as a rebound in technology heavyweights offset a fall in energy producers after Brent crude prices dropped to their lowest in more than a month.

The Nikkei Asia300 Index ended almost unchanged at 1,354.36. H-shares of PetroChina dropped 1.3% and CNOOC slipped 0.8%, while South Korea's SK Innovation shed 2.6% and Malaysia's Sapura Energy slumped 20.3% after Brent crude lost more than 2.5% to hit its lowest level since early November. Sapura also swung to a third-quarter net loss as business activity slowed and certain rigs went off contract.

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