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Asian Markets Mixed; Singapore Stocks Near Record High; Some Shipping Stocks Post Sharper Declines; Indonesia, Malaysia Closed for Holiday
2026-08-25 16:59:52
Reports said that ahead of a potential Xi-Trump meeting, the US plans to impose an additional 7.5% tariff on China on grounds of overcapacity. The market is focusing on the latest US PCE data to be released this week. Major Asia-Pacific stock markets were mixed today (25th), with some shipping stocks posting relatively larger declines.

China's three major A-share indices showed mixed performance for the full day. The Shanghai Composite Index rose 7 pts or 0.19% to close at 3,889. The Shenzhen Component Index fell 48 pts or 0.35% to close at 13,745. The ChiNext Index dropped 34 pts or 1% to close at 3,397. The HSI closed at 25,511, down 6 pts slightly, with full-day turnover at HKD254.079 billion. Shipping stocks OOIL (00316.HK) fell 4.8%, while SITC (01308.HK) and COSCO SHIP HOLD (01919.HK) each dropped more than 2%. Taiwan-funded shipping stock TS LINES (02510.HK) rose 5.4%. Taiwan's stock market gained 407 pts or 0.9% for the day to 45,169. TSMC closed up 1.1%, while Hon Hai slipped 0.2%. Taiwan's three major shipping stocks diverged, with Evergreen Marine and Yang Ming falling 1.4% to 1.8% against the market trend, while Wan Hai rose 1.6%.

South Korea's stock market rose 45 pts or 0.7% for the day to 6,742. Samsung Electronics closed flat, while SK Hynix rebounded from an early decline to close up 0.4%. Foreign media cited sources saying members of the SK Hynix union narrowly voted down a preliminary wage agreement. Shipping stock HMM fell 0.9%.

The Nikkei Index closed up 328 pts or 0.5% at 65,856. Optical fiber stock Fujikura (5803.JP) rose 5.5%, while peer Furukawa Electric (5801.JP) surged 10.3%. TEPCO (9501.JP) fell 3.4%. Auto stocks were generally weak, with Nissan (7201.JP) and Honda (7267.JP) dropping 2.9% to 3.1%, Toyota (7203.JP) falling 1.4%, while Mitsubishi Motors (7211.JP) rose 0.9%. SoftBank (9984.JP) gained 2.3%. Japan's three major shipping stocks all declined, with Nippon Yusen (9101.JP) and Mitsui O.S.K. Lines (9104.JP) each falling 0.8%, while Kawasaki Kisen (9107.JP) dropped 1.3%.

Singapore stocks rose 0.8% late in the session to 5,726, approaching a record high. Thailand's SET 50 held firm. The Philippines' PSEI closed down 1%. Australia's ASX 200 Index rose 0.7%, while New Zealand's NZX 50 Index gained 0.8%. India's BSE Sensex slipped less than 0.2%, while the NIFTY 50 Index fell 0.3%. Vietnam's Hanoi Index fell 0.2%, while the Ho Chi Minh Index rose 0.2%. Indonesia and Malaysia markets were closed for the Prophet Muhammad's birthday holiday. (da/a)~

AASTOCKS Financial News
Website: www.aastocks.com

This article was automatically translated by AI, the Chinese 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.