Asian equities opened on a mixed note on Wednesday, July 17, with Japan’s Nikkei and South Korea’s Kospi trading in the red, while Hong Kong’s Hang Seng index held steady.

Japan’s Nikkei 225 index was down 60.82 points or 0.15% at 39,602.58 as of 08:00 IST, reflecting caution among investors amid global uncertainty.

Kospi, South Korea’s benchmark index, declined by 7.48 points or 0.23% to 3,178.90, indicating a soft start to the day’s trade despite positive cues in some regional peers.

In contrast, Hong Kong’s Hang Seng index was nearly unchanged, inching up just 0.91 points to 24,518.67. The flat move suggests a wait-and-watch sentiment among traders.

Other regional performances were varied:

  • Taiwan Weighted fell 0.17%

  • Shanghai Composite dipped 0.13%

  • GIFT Nifty was up 0.16%, indicating a slightly positive start for Indian equities

  • Jakarta Composite gained sharply by 1.01%, emerging as the top gainer among major Asian indices

Investors remain cautious as they digest global macroeconomic signals and earnings cues, keeping volatility in play across Asia.