Central Bank, Tech Sector Views Fuel Asian Stock Markets
BY MT Newswires | ECONOMIC | 09/16/25 06:47 AM EDT06:47 AM EDT, 09/16/2025 (MT Newswires) -- Asian stock markets rallied on renewed strength in tech issues and the outlook for monetary accommodation from major central banks on both sides of the Pacific Ocean.
Broad equity indices in Tokyo, Seoul and Taiwan finished at all-time record highs, although Hong Kong and Shanghai closed largely unchanged. Other regional trading floors mostly gained.
In Japan, the Nikkei 225 opened higher on overnight Wall Street cues and held ground, finishing up 0.3% on prospects for monetary accommodation from the Federal Reserve and the Bank of Japan.
The benchmark Nikkei 225 rose 134.15 to 44,902.27, as gaining issues outnumbered losers 136 to 88.
Leading the upside was silicon-wafer maker Sumco, up 9%, while video-game producer Nintendo fell 3.3%.
In economic news, Japan's tertiary (services) index struck a post-pandemic high of 105.0 in July, up 0.5% from June, and up 1.3% from a year earlier, reported the Ministry of Economy, Trade & Industry (METI).
In Hong Kong, the Hang Seng Index opened higher, wobbled and finished flat, as traders awaited clarity on ongoing China-US trade negotiations.
The broad gauge Hang Seng fell 8.05 to 26,438.51, as losing issues outnumbered gainers 50 to 35. The Hang Seng TECH Index gained 0.6% on the day, while the Mainland Properties Index fell 0.5%.
Leading the upside was Xinyi Glass, gaining 4.9%, while JD Health International declined 5.8%.
On the mainland, the Shanghai Composite finished flat at 3,861.86.
On the other regional exchanges, the S. Korean KOSPI rose 1.2%; the Taiwan TWSE added 1.1%; the Australian ASX 200 gained 0.3%; the Singapore Straits Times Index was flat, and the Thai Set gained 0.7%. In late trading in Mumbai, the Sensex was up 0.7%.
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