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US Outlook, Earnings Elevate Asian Stock Markets
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US Outlook, Earnings Elevate Asian Stock Markets
Nov 12, 2025 3:10 AM

05:52 AM EST, 11/12/2025 (MT Newswires) -- Asian stock markets generally rose Wednesday amid prospects of an end to a record-long US federal government shutdown, as traders digested earnings-season reports.

Hong Kong and Tokyo finished in the green, as did most other regional exchanges.

In Japan, the Nikkei 225 see-sawed through the day, but finished up 0.4% as traders again favored tech issues. Tech-financier SoftBank declined 3.5% after disclosing that it sold its entire $5.83 billion stake in US-based chipmaker Nvidia last month.

The benchmark Nikkei 225 rose 220.38 to 51,063.31, as gaining issues outnumbered losers 168 to 55.

Leading the upside was Mitsui Mining and Smelting, up 23%, while silicon wafer-maker Sumco lost 20%, with both moves following earnings reports.

In economic news, the Reuters Tankan index for Japanese manufacturers rose to positive 17 in November from positive 8 last month, striking the highest level since January 2022. A weaker yen undergirded export industries.

In Hong Kong, the Hang Seng Index opened evenly and rose to the close, as property issues logged their third-straight day of solid gains.

The broad gauge Hang Seng rose 226.32 to 26,922.73 as gaining issues outnumbered losers 71 to 17. The Hang Seng TECH Index gained 0.2% on the day, while the Mainland Properties Index rose 2.6%.

Leading the upside was property-manager China Resources Mixc Lifestyle, gaining 6.3%, while Xinyi Solar declined 4.9%.

On the mainland, the Shanghai Composite fell 0.1% to 4,000.14.

On the other regional exchanges, the S. Korean KOSPI rose 1.1%; the Taiwan TWSE inclined 0.6%; the Australian ASX 200 fell 0.2%; the Singapore Straits Times Index rose 0.6%, and the Thai Set declined 1.2%. In late trading in Mumbai, the Sensex was up 0.7%.

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