Market

Asian Markets Mostly Rise Following Wall Street's Downturn Amid Trade Tensions

Asian Markets Show Resilience

Following a lower close on Wall Street, major stock indexes in the Asia-Pacific region mostly traded higher on Friday. Investors are closely monitoring the new tariff policies introduced by United States President Donald Trump, which have sparked concerns over potential trade disputes.

Market Movements Across Asia

Japan's Nikkei 225 saw a modest increase of 0.27% by 3:10 am CET. Meanwhile, Hong Kong's Hang Seng experienced a significant jump of 1.28% at 03:11 am CET. However, South Korea's Kospi decreased slightly by 0.25% at 3:12 am CET. On the Chinese mainland, the Shanghai Composite added 0.94%, and the Shenzen Composite grew by 1.19% at 3:14 am CET. Australia's S&P/ASX 200 also gained, rising by 0.37% at 3:15 am CET.

Currency Movements

In currency markets, the dollar traded 0.28% higher against the yen at 3:16 am CET, selling for 148.25400.