Asian equities opened on a mixed note on Thursday, March 27, with sharp declines seen in Japan and South Korea, while Hong Kong extended gains for the second consecutive session. Sentiment across the region remains cautious as investors assess global interest rate cues and regional macro trends.
Japan’s Nikkei 225 fell sharply by 1.01%, losing 384.52 points to trade at 37,642.77, as investors booked profits amid global uncertainties. South Korea’s KOSPI was also under pressure, declining 0.96% or 25.33 points to 2,618.61 in early trade.
On the positive side, Hong Kong’s Hang Seng index climbed 0.41% or 96.04 points to 23,579.36, supported by gains in Chinese tech and real estate stocks.
In other regional action, GIFT Nifty was trading marginally lower at 23,509.50, down 0.09%, indicating a flat to weak start for Indian equities. Taiwan Weighted index also witnessed notable pressure, falling 1.31% or 292.24 points to 21,968.05.
Singapore’s Straits Times bucked the broader trend and rose 0.53% or 20.91 points to 3,984.62, supported by strength in banking and property stocks.
Markets in Thailand and Indonesia were shut for trading on Wednesday.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Please consult your financial advisor before making any investment decisions.
