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Asian Defense Stocks Rally Amid Venezuela Concerns

Asian Defense Stocks Rally Amid Venezuela Concerns

January 6, 2026 Victoria Sterling -Business Editor Business

Here’s​ a breakdown of the stock market​ movements mentioned in the text:

Positive Movements:

* Nikkei 225 (Japan): Rose 1.32% to 52,518.08
* ​ ‍ Topix ​(Japan): Advanced 1.75% to a⁣ new record high⁣ of⁤ 3,538.44
* ⁤ Kospi (South Korea): ‌Up 1.52%‍ to ‍4,525.48

Negative Movement:

* Kosdaq (South korea -⁣ small-cap):⁤ Declined 0.16% to 955.97
* ‍ ASX/S&P 200 (Australia): Slid⁤ 0.52% to 8,682.8

Meaningful stock Movement:

* BlueScope Steel (Australia): Surged more⁣ than 20% due to acquisition interest.

Acquisition News:

*⁣ SGH (Australia) and Steel Dynamics (US) both submitted non-binding offers to acquire bluescope Steel (Australia).

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Related

ASX Ltd, Australia, BlueScope Steel Ltd, Breaking News: Markets, Business News, China Hongqiao Group Ltd, Hang Seng Index, Japan, Kawasaki Heavy Industries Ltd, Kospi Index, markets, New York, Nicolas Maduro, Nikkei 225 Index, Seven Group Holdings Ltd, SOUTH KOREA, Steel Dynamics Inc, United States, Venezuela, Zijin Mining Group Co Ltd

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