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Asian markets settle mostly higher on Wednesday
Oct-29-2025
Asian markets settled mostly higher on Wednesday, tracking Wall Street’s gains overnight. Market sentiments gained further by a surge in technology shares, signs of easing US-China trade tensions, and ahead of a Federal Reserve interest-rate cut expected later in the day. Investors were now focusing on upcoming earnings from US mega tech companies and Thursday's Trump-Xi meeting. Japan’s Nikkei surged past the key 51,000 level for the first time on optimism over the artificial intelligence boom at home and abroad. The US Treasury Secretary Scott Bessent urged Takaichi's government to give the BoJ room to raise interest rates in order to anchor inflation expectations and avoid excess exchange rate volatility. Chinese shares gained led by gains in energy and non-ferrous metal shares, while Hong Kong market was closed for a public holiday.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

4,016.33

28.11

0.70

Hang Seng

--

--

--

Jakarta Composite

8,166.22

73.59

0.90

KLSE Composite

1,611.54

-2.02

-0.13

Nikkei 225

51,307.65

1,088.47

2.17

Straits Times

4,440.21

-10.15

-0.23

KOSPI Composite

4,081.15

70.74

1.76

Taiwan Weighted

28,294.74

345.63

1.24

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