STORY: Asian share markets tumbled on Friday as investors took profits on technology stocks and turned defensive ahead of the weekend.

There was wariness of the flare-up in Middle East hostilities with U.S.-Iran peace talks in limbo.

The Iran-backed Hezbollah militia rejected a new ceasefire in Lebanon on Thursday.

And Israel said it would not withdraw troops from the country...

undermining U.S. President Donald Trump's efforts to halt fighting there and reach a peace deal with Tehran.

Meanwhile, an AI-driven selloff after chipmaker Broadcom reported underwhelming results on Wednesday continued into a second day.

All that left MSCI's broadest index of Asia-Pacific shares outside Japan down 1.8% in Asian trade.

South Korea's tech-heavy Kospi plunged as much as 7% and Japan's Nikkei fell 1.6%.

Oil prices were little changed as traders awaited more clarity on U.S.-Iran negotiations...

though were set for a weekly gain as hostilities earlier in the week raised concerns of a prolonged energy shock.

European shares slipped at the open and were on track to end the week marginally lower...

also rattled by the uncertainty.

The pan-European STOXX 600 index edged 0.2% down in early trade.

Technology stocks also led declines among sectors with a 2% drop.

They eased after a strong rally that has helped the shares gain over 33% in the past two months - the most among STOXX 600 sectors.