Asian stock markets displayed a mixed trend on Wednesday as traders balanced optimism over Chinese market reopening with concerns about the tech sell-off on Wall Street. Japan’s Nikkei rose 0.17% to 38,865.89, driven by local gains, while South Korea’s KOSPI gained 1.08% to 2,508.51. Australia’s ASX 200 added 0.51%, reaching 8,416.90, amid upbeat domestic trading activity.
China’s Shenzhen Index gained 0.29% to 10,185.32, reflecting market recovery optimism as Chinese exchanges reopened after the break. Meanwhile, Nifty 50 in India registered a slight uptick of 0.16%, trading at 23,777.45. However, Hong Kong’s HSI dipped 0.96%, falling by 199.41 points to 20,590.55, as concerns over global tech performance weighed on sentiment. Taiwan outperformed other regional markets, rising 1.4% to 23,112.75.
STOCK MARKET UPDATE AS OF 11:05 AM –
- Shanghai – 3,232.11 (-0.57%)
- Nikkei – 38,865.89 (+0.17%)
- HSI (Hang Seng Index) – 20,590.55 (-0.96%)
- Shenzhen – 10,185.32 (+0.29%)
- KOSPI – 2,508.51 (+1.08%)
- ASX 200 (Australia) – 8,416.90 (+0.51%)
- Nifty 50 (India) – 23,777.45 (+0.16%)
- STI (Singapore) – 3,811.77 (-0.29%)
- NZX 50 (New Zealand) – 12,844.59 (-0.47%)
- SETI (Thailand) – 1,289.71 (-0.87%)
- Malaysia – 1,572.99 (+0.54%)
- Taiwan – 23,112.75 (+1.4%)
Disclaimer: The information provided is for informational purposes only and should not be considered as financial or investment advice. Stock market investments are subject to market risks, and past performance is not indicative of future results. Always conduct your own research or consult a financial advisor before making investment decisions. Neither the author nor the platform is liable for any losses incurred based on the information provided.
