Asian Shares Mixed With US-China Trade Tensions In Focus

RTTNews | 517 hari yang lalu

(RTTNews) - Asian stocks ended mixed in muted trade on Tuesday, with Japanese markets closed for Showa Day holiday.

The White House has confirmed President Trump's plan to reduce tariffs on auto parts for cars made in America following intense lobbying by industrial leaders.

At the same time, U.S. Treasury Secretary Scott Bessent put the burden for trade progress squarely on China, increasing confusion about the status of talks between the two countries.

China vowed to stand firm and said that concession and retreat will only make the bully more aggressive.

The dollar was resilient against its rivals in Asian trading, sending gold prices lower toward $3,300 per ounce. Oil extended overnight losses on weaker demand outlook.

China's Shanghai Composite index finished marginally lower at 3,286.65 as officials pledged to stabilize capital markets without announcing fresh stimulus to counter the hefty U.S. tariffs.

Hong Kong's Hang Seng index edged up by 0.16 percent to 22,008.11 as tech stocks rallied on Alibaba's advanced Qwen 3 AI launch.

Seoul stocks ended higher for a third day running, with auto and bio stocks leading the surge ahead of quarterly earnings reports from major companies.

The Kospi average climbed 0.65 percent to 2,565.42. Hyundai Motor and its smaller affiliate Kia both rose over 2 percent while Samsung Biologics gained 1.5 percent and smaller rival Celltrion jumped 3.8 percent.

Australian markets climbed to a two-month high on hopes for more favorable U.S. trade policies.

The benchmark S&P/ASX 200 jumped 0.92 percent to 8,070.60, rising for a fourth straight session led by energy and tech stocks. The broader All Ordinaries index settled 1.02 percent higher at 8,287.90.

Across the Tasman, New Zealand's benchmark S&P/NZX-50 index dropped 0.61 percent to 12,025.45.

U.S. stocks fluctuated before ending mixed overnight ahead of a busy week of earnings releases and economic reports.

The tech-heavy Nasdaq Composite slid marginally while the S&P 500 closed marginally higher - rising for the fifth day in a row and marking its longest winning streak since November last year. The narrower Dow added 0.3 percent.

baca selengkapnya

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling well below the 65,250 level, with weakness in index heavyweights and financial stocks partially offset by some gains in technology stocks.

RTTNews | 18 menit yang lalu

Indonesia Bourse May Give Up Support At 6,100 Points

The Indonesia stock market has finished lower in three straight sessions, tumbling more than 225 points or 3.2 percent along the way. The Jakarta Composite Index now sits just shy of the 6,150-point plateau and it's expected to open under water again on Tuesday.

RTTNews | 27 menit yang lalu

Australian Markets Slightly Higher

The Australian stock market is slightly higher on Tuesday, extending the slight gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 index is moving up to near the 8,700 level, with gains in technology stocks partially offset by weakness in gold miners, energy and financial stocks.

RTTNews | 37 menit yang lalu

Hong Kong May See Renewed Selling Pressure

The Hong Kong stock market on Monday snapped the three-day losing streak in which it had stumbled almost 600 points or 2.5 percent. The Hang Seng Index now sits just above the 24,640-point plateau although it figures to head south again on Tuesday.

RTTNews | 42 menit yang lalu

China Shares May Take Further Damage On Tuesday

The China stock market has tracked lower in three straight sessions, surrendering more than 120 points or 4.1 percent along the way. The Shanghai Composite Index now sits just above the 3,820-point plateau and it's looking at another soft start again on Tuesday.

RTTNews | 57 menit yang lalu

Taiwan Likely To See Continued Consolidation On Tuesday

Ahead of the long holiday weekend for the Mid-Autumn Festival, the Taiwan stock market had ended the six-day winning streak in which it had rallied more than 2,600 points or 5 percent. The Taiwan Stock Exchange now sits just above the 48,020-point plateau and it's expected to open in the red gain on Tuesday.

RTTNews | 1 jam 27 menit yang lalu

Singapore Stock Market May Spin Its Wheels On Tuesday

The Singapore stock market has finished higher in back-to-back sessions, collecting more than 45 points or 0.8 percent in that span. The Straits Times Index now sits just shy of the 5,730-point plateau although the rally may stall on Tuesday.

RTTNews | 1 jam 57 menit yang lalu

Losing Streak May Continue For Malaysia Stock Market

The Malaysia stock market has moved lower in four straight sessions, slumping almost 15 points or 0.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,670-point plateau and it's expected to open under pressure again on Tuesday.

RTTNews | 2 jam 27 menit yang lalu

EURUSD	1.13671	GBPUSD	1.32488
USDJPY	157.482	USDCAD	1.41773