Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Asia> Japan and Taiwan Stocks Ease After Hitting Record Highs; Korea Up 2.7% Outperforms
Recommend 14 Positive 22 Negative 8 |
||||
|
||||
|
US President Donald Trump said negotiations with Iran are progressing smoothly, boosting market sentiment. US Secretary of State Marco Rubio said it may take several days to reach an agreement with Iran. Major Asia-Pacific markets were mixed today (26th), with Japan, Taiwan and South Korea all hitting record highs. Mainland China's A-shares markets were slightly weaker. The Shanghai Composite and Shenzhen Component Index last reported 4,133 and 15,805 in the afternoon, down 0.46% and 0.32%, respectively. After a three-day long weekend, Hong Kong stocks resumed trading with volatile performance. The HSI last stood at 25,668 in the afternoon, up 62 points or 0.2%, with turnover of HKD274.98 billion. Taiwan's market broke above the 44,000 level intraday, reaching a record high of 44,097, but closed down 119 points or 0.3% at 43,525. Taiwan's market capitalization surpassed India, ranking as the world's fifth-largest equity market. TSMC and Hon Hai fell 1.7% and 0.8%, respectively, while Largan Precision and Wiwynn dropped 4.7% and 5.9%. Delta Electronics bucked the trend, rising 2.6%. After breaking above the 65,000 mark for the first time yesterday, the Nikkei Index rose to a fresh record high of 65,317 intraday today, but ended down 162 points or 0.25% at 64,996. Boosted by news of OpenAI preparing for a listing, SoftBank surged for a fourth consecutive day and repeatedly set new highs, gaining about 11% today (with a cumulative four-day increase of about 55.6%). Memory chipmaker Kioxia fell 4.6%. South Korea's market climbed back above the 8,000 level, hitting a record high of 8,131. It last stood at 8,061 late in the session, up 213 points or 2.7%. Samsung Electronics historically broke above the KRW300,000 mark, reaching a high of KRW302,000 and last trading at KRW300,000, up 2.6%. A South Korean court rejected an injunction request to suspend negotiations by Samsung's main labor union. SK Hynix rose above the KRW2 million level for the first time, hitting a high of KRW2.087 million and last trading at KRW2.069 million, up 6.7%. SK Hynix introduced its iHBM technology to enhance heat dissipation efficiency for AI chips. Other major Asia-Pacific markets were mixed. Indonesia's IDX and the Philippines' PSEI fell 0.9% to 1%, Singapore's Straits Times Index dropped 0.5%, and Malaysia's KLCI edged down 0.2%. Australia's ASX 200 closed down 0.4%, while New Zealand's NZX 50 rose nearly 0.8%. Thailand's SET 50 edged up 0.2%. India's Nifty 50 was steady. Vietnam's Ho Chi Minh Index fell 0.2%, while the Hanoi Index rose 1.8%. (da/u) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
