financetom
World
financetom
/
World
/
Tech Rally Visits Asian Stock Markets; Drug Issuers Sag
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Tech Rally Visits Asian Stock Markets; Drug Issuers Sag
Sep 11, 2025 4:09 AM

06:49 AM EDT, 09/11/2025 (MT Newswires) -- Asian stock markets tracked unevenly higher Thursday, as investors weighed prospects for interest-rate leniency from major global central banks, and the AI-related fortunes of the tech-sector.

Shanghai and Tokyo finished in the green, although Hong Kong edged lower. Other regional exchanges were also mixed on the north side.

In Japan, the Nikkei 225 opened higher and rose to the close, finishing up 1.2% and striking a fresh all-time high as traders joined the global tech-sector rally.

The benchmark Nikkei 225 rose 534.83 to 44,372.50, as although losing issues outnumbered gainers 114 to 109.

Leading the upside was tech-financier SoftBank, up 10% after partner Oracle (ORCL) shares rose 36% following an upbeat revenue forecast. Online marketplace Mercari declined 2.9%.

In economic news, Japan's producer price index (PPI) rose 2.7% on year in August, after a 2.5% on-year rise in July, reported the Bank of Japan.

The mood of Japan's larger enterprises appeared to improve Q3. For companies with capital of 1 billion yen or more, the business condition index logged at 4.7 in Q3, a turnaround from negative 1.9 in Q2, reported the Ministry of Finance.

In Hong Kong, the Hang Seng Index opened lower and could not recover, finishing off 0.4% as pharmaceutical issues sagged after media reports that the US Trump Administration plans restrictions on China-produced medicines.

The broad gauge Hang Seng fell 113.94 to 26,086.32 although gaining issues outnumbered losers 39 to 38. The Hang Seng TECH Index lost 0.2% on the day, while the Mainland Properties Index fell 0.5%.

Leading the upside was Semiconductor Manufacturing International, gaining 5%, while Hansoh Pharmaceuticals declined 8.8%.

On the mainland, the Shanghai Composite rose 1.7% to 3,875.31.

On the other regional exchanges, the S. Korean KOSPI rose 0.9%; the Taiwan TWSE inclined 0.1%; the Australian ASX 200 declined 0.3%; the Singapore Straits Times Index rose 0.2%, and the Thai Set inclined 0.8%. In late trading in Mumbai, the Sensex was up 0.2%.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
European Equities Close Mostly Lower in Thursday Trading; Business Climate Falls in Germany, France
European Equities Close Mostly Lower in Thursday Trading; Business Climate Falls in Germany, France
Jul 25, 2024
12:24 PM EDT, 07/25/2024 (MT Newswires) -- The European stock markets closed mostly lower in Thursday trading as The Stoxx Europe 600 was down 0.72%, the Swiss Market Index fell 0.80%, France's CAC dropped 1.15%, the FTSE in London was up 0.40%, and Germany's DAX was off 0.45%. In Germany, the ifo Business Climate Index declined to 87.0 points in...
What's Going On With Super Micro Computer Stock?
What's Going On With Super Micro Computer Stock?
Jul 25, 2024
Super Micro Computer, Inc. ( SMCI ) shares are trading higher Thursday, reversing recent downward momentum in the semiconductor sector.  What To Know: The Nasdaq had its worst day since 2022 on Wednesday as Tesla and Alphabet led the index lower following the companies' earnings releases. Investors may be concerned regarding the lack of returns on large capital expenditures related...
Macro hedge funds to dump $45 billion in equities, says Morgan Stanley
Macro hedge funds to dump $45 billion in equities, says Morgan Stanley
Jul 25, 2024
NEW YORK (Reuters) - Computer-driven macro hedge fund strategies on Wednesday sold $20 billion in equities and are set to shed at least more $25 billion over the next week after the stock rout, in one of the largest risk-unwinding events in a decade, Morgan Stanley ( MS ) said in commentary to institutional clients on Thursday. After disappointing earnings...
HEDGE FLOW-Macro hedge funds to dump $45 bln in equities, says Morgan Stanley
HEDGE FLOW-Macro hedge funds to dump $45 bln in equities, says Morgan Stanley
Jul 25, 2024
NEW YORK, July 25 (Reuters) - Computer-driven macro hedge fund strategies on Wednesday sold $20 billion in equities and are set to shed at least more $25 billion over the next week after the stock rout, in one of the largest risk-unwinding events in a decade, Morgan Stanley ( MS ) said in commentary to institutional clients on Thursday. After...
Copyright 2023-2026 - www.financetom.com All Rights Reserved