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Asian markets trade mostly lower in early deals on Friday
Oct-17-2025

Asian markets traded mostly lower in early deals on Friday, saddled by the US credit concerns, intensified US-China trade conflicts, and sluggish company earnings. The reports of bad loans at two US regional banks spooked jitters about the credit market and financial stock health globally. Sharp sell offs in technological and financial sector weighed down the indices. Japan’s Nikkei plunged snapping a two-day winning streak amidst negative trend overseas. Moreover, political uncertainty persists in the country as opposition parties are yet to agree on the ruling Liberal Democratic Party’s October 21 proposal to hold a vote for a new prime minister. Stronger local currency yen also trimmed gains in export-oriented business.

Nikkei 225 plunged by 687.74 points or 1.42% to 47,590.00, Straits Times down by 21.57 points or 0.50% to 4,334.63, Hang Seng slipped by 448.51 points 1.73% to 25,440.00, Jakarta Composite dipped by 180.47 points or 2.27% to 7,944.29, Taiwan Weighted narrowed by 245.03 points or 0.89% to 27,402.84, Shanghai Composite declined by 46.42 points or 1.19% to 3,869.81, and FTSE Bursa Malaysia lower by 4.08 points or 0.25% to 1,608.21

On the flip side, KOSPI Index was up by 5.93 points or 0.16% to 3,754.30.

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