Market

Asia's Stock Market Reacts Mixed to Wall Street's Recent Surge and Tech Earnings

Market Overview

Following a positive close on Wall Street, the Asia-Pacific stock markets presented a mixed response. The financial outcomes from Coinbase and Airbnb have notably influenced market sentiments.

Regional Performance

Japan's Nikkei 225 experienced a slight decline, dropping by 0.45% at 2:57 am CET. In contrast, South Korea's Kospi Composite saw an increase of 0.36% shortly after. Hong Kong's Hang Seng made a significant leap, rising by 1.39% at 2:59 am CET. Meanwhile, the Shanghai Composite on the Chinese mainland remained stable, and the Shenzhen Composite grew by 0.25% at 3:00 am CET. Australia's S&P/ASX 200 also enjoyed a rise, gaining 0.49% at 3:01 am CET.

Currency Movements

The dollar showed a slight decrease against the yen, trading 0.13% lower at ¥152.55150 by 3:02 am CET.