Federal Reserve Outlook Roils Asian Stock Markets

05:52 AM EST, 11/24/2025 (MT Newswires) -- Asian stock markets moved unevenly higher Monday, after US Federal Reserve board-member John Williams late Friday indicated his support for an interest-rate cut at the central bank's Dec. 9-10 policy-making session.

Hong Kong and Taiwan gained, Shanghai was steady, and Tokyo was closed on holiday. Other regional exchanges were mixed.

In Hong Kong, the Hang Seng Index opened higher and rose to the close, finishing up 2% on renewed hopes for easing from the US central bank, and a tech-sector rebound.

The broad gauge Hang Seng rose 496.48 to 25,716.50 as gaining issues outnumbered losers 79 to nine. The Hang Seng TECH Index gained 2.8% on the day, while the Mainland Properties Index rose 2.2%.

Leading the upside was TikTok-rival Kauishou Technology, gaining 7.1%, while natural-gas supplier ENN Energy declined 2.1%.

On the mainland, the Shanghai Composite was steady at 3,836.77.

On the other regional exchanges, the S. Korean KOSPI fell 0.2%; the Taiwan TWSE inclined 0.3%; the Australian ASX 200 inclined 1.3%; the Singapore Straits Times Index rose 0.6%, and the Thai Set lost 0.1%. In late trading in Mumbai, the Sensex was down 0.4%.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.