Asian markets traded lower on March 4, with key regional indices including the Kospi, Nikkei 225 and Shanghai Composite witnessing declines during early trading hours. Weakness was visible across most major benchmarks in the region, reflecting broad selling pressure.
GIFT Nifty was trading at 24,411.50, down 581.00 points or 2.38%, indicating a negative start for Indian equities. The index was seen around 24,588.00 in the latest update.
Japan’s Nikkei 225 declined sharply to 54,129.00, falling 2,150.05 points or 3.97%, making it one of the biggest losers among major Asian indices in early trade.
Hong Kong’s Hang Seng index also traded lower at 25,211.00, down 557.08 points or 2.21%.
Singapore’s Straits Times index slipped to 4,815.53, registering a decline of 101.12 points or 2.10%.
South Korea’s Kospi was trading at 5,265.91, down 526.00 points or 9.99%, reflecting sharp weakness in the market.
Taiwan’s Taiwan Weighted index fell to 33,198.07, losing 1,125.58 points or 3.39%.
Indonesia’s Jakarta Composite was also under pressure at 7,778.90, down 160.87 points or 2.07%.
China’s Shanghai Composite showed relatively limited movement compared with peers but still traded lower at 4,088.50, declining 34.18 points or 0.84%.
Meanwhile, Thailand’s SET Composite stood at 1,466.51, showing no change in the latest update.
Overall, most major Asian markets were trading in the red on March 4, with significant declines seen in Japan, South Korea and Taiwan, while Chinese markets showed comparatively smaller losses.
Disclaimer: The information provided in this article is for informational purposes only and reflects market updates based on publicly available data. It should not be construed as investment advice or a recommendation to buy or sell any securities. Readers are advised to conduct their own research or consult a qualified financial advisor before making any investment decisions.