Asian markets saw a largely positive trading session today, with key indices in Hong Kong, Taiwan, and India leading gains, while South Korea’s KOSPI slipped into negative territory.
Key Performers:
- Hang Seng (Hong Kong): The Hang Seng Index surged 3.37%, adding 700.12 points, driven by strong buying sentiment. The index is now trading at 20,779.22.
- Taiwan Weighted: Taiwan’s Weighted Index jumped 1.85%, up 433.43 points, reaching 23,487.27 as market sentiment remained bullish amid strong performances in tech stocks.
- Shanghai Composite (China): The Shanghai Composite Index gained 3.37%, adding 110.60 points, closing at 3,279.98 as investor confidence improved.
Other Markets:
- Straits Times (Singapore): The Straits Times Index was up 0.46%, gaining 16.77 points, and is now trading at 3,642.02.
- SET Composite (Thailand): The SET Composite added 0.24%, or 3.66 points, to close at 1,498.68.
- Jakarta Composite (Indonesia): The Jakarta Composite showed a modest increase of 0.01%, rising by 0.93 points to trade at 7,735.97.
Underperformer:
- KOSPI (South Korea): The KOSPI dropped 0.60%, falling by 15.48 points to 2,593.82, dragged down by weaker performance in major stocks.
This diverse performance reflects the varying investor sentiments across the region, with gains being seen in major tech-heavy markets, while some indices, like KOSPI, lagged behind.
