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Earnings, Trade Outlooks Mute Asian Stock Markets
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Earnings, Trade Outlooks Mute Asian Stock Markets
Jul 11, 2025 4:03 AM

06:38 AM EDT, 07/11/2025 (MT Newswires) -- Asian stock markets were uneven on Friday as traders awaited fresh market catalysts and trade news, while weighing earnings reports and outlooks.

Hong Kong gained, Shanghai was steady, and Tokyo finished in the red. Other regional exchanges were also mixed.

In Japan, the Nikkei 225 finished down 0.2% following an earnings warning from index heavyweight Fast Retailing. A softer yen undergirded export issues.

The benchmark Nikkei 225 fell 76.68 to 39,569.68, although gaining issues outnumbered losers 156 to 68.

Leading the upside was silicon wafer maker Sumco, up 5.8%, while apparel chain Fast Retailing declined 6.9%.

In Hong Kong, the Hang Seng Index finished up 0.5% after a strong earnings outlook from Wuxi Apptec, a pharmaceuticals and medical devices maker.

The broad gauge Hang Seng rose 111.20 to 24,139.57, as gaining issues outnumbered losers 46 to 35. The Hang Seng TECH Index gained 0.6% on the day, although the Mainland Properties Index fell 1.6%.

Leading the upside was Wuxi AppTec, gaining 10.5%, while property management concern China Resources Mixed Lifestyle Services declined 2.3%.

On the mainland, the Shanghai Composite was steady at 3,510.18.

On the other regional exchanges, the South Korean KOSPI fell 0.2%; the Taiwan TWSE rose 0.3%; the Australian ASX 200 declined 0.1%; the Singapore Straits Times Index rose 0.3%, and the Thai Set advanced 1%. In late trading in Mumbai, the Sensex was down 0.8%.

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