Asian Markets Highlights
Mixed Performance Across Asia: Asian stock markets traded mostly higher, tracking positive cues from European markets while Wall Street was closed for Labor Day. Investors remained cautious ahead of key U.S. jobs and inflation data, as well as the Federal Reserve’s upcoming rate decision.
Australia Sees Modest Declines: The S&P/ASX 200 fell 19.00 points (-0.21%) to 8,908.70, and the All Ordinaries dropped 21.00 points (-0.23%) to 9,175.80, driven by losses in energy and tech stocks. Major miners like Rio Tinto and BHP saw slight gains.
China and Hong Kong Surge: Hong Kong’s Hang Seng Index led gains, climbing 1.53% to 23,512.49, while China’s CSI 300 rose 0.31% to 3,852.01, supported by optimism around stimulus measures despite ongoing trade tensions.
Japan Flat Amid Political Shifts: Japan’s Nikkei 225 ended flat at 37,446.81, while the Topix index fell 0.22% to 2,771.11, as investors assessed the new leadership of Shigeru Ishiba as prime minister.
South Korea Gains on Election News: The Kospi index rose 2.05% to 2,754.42, its highest since August 2024, driven by optimism after opposition leader Lee Jae-myung’s presidential election win. Chipmaker SK Hynix surged 6.02%.
Trade Tensions Loom: China pushed back against U.S. accusations of violating trade agreements, while the EU criticized Trump’s plan to double steel tariffs to 50%, signaling potential trade war risks.
China Stimulus Impact: Recent stimulus measures, including mortgage rate cuts by the People’s Bank of China, boosted market sentiment, though industrial profits fell 17.8% in August, highlighting economic challenges.
#AsianMarkets #stockmarket #ChinaMarkets #MarketUpdate #September2025