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Asian markets trade mostly lower in early deals on Monday
Jul-07-2025
Asian markets traded mostly lower in early deals on Monday, saddled by concerns over impending tariffs from the Trump administration, which has increased pressure on trading partners for new deals. Additionally, negative cues from European markets contributed to the overall decline in investor sentiment. Sharp sell offs in technological sector stocks with its global counter partners pressured the local indices. Japan’s Nikkei extended last week’s losses after real wages of the country dipped by 2.9% in May; the fifth consecutive monthly decline and the sharpest drop in nearly two years. This raised concerns about consumer spending and economic momentum of the country. 

Nikkei 225 down by 197.13 points or 0.50% to 39,613.75, Hang Seng declined by 107.15 points 0.45% to 23,808.91, Jakarta Composite dipped by 11.88 points or 0.17% to 6,853.31, Taiwan Weighted slipped by 157.19 points 0.70% to 22,390.31, Shanghai Composite narrowed by 7.27 points or 0.21% to 3,465.05, and FTSE Bursa Malaysia KLCI lower 12.50 points or 0.81% to 1,537.69.

On the flip side, Straits Times up by 12.16 points 0.30% to 4,025.78, and KOSPI Index rose by 5.16 points or 0.17% to 3,059.44.

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