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Tech Slump, Wall Street Cues Undercut Asian Stock Markets
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Tech Slump, Wall Street Cues Undercut Asian Stock Markets
Aug 26, 2025 3:57 AM

06:33 AM EDT, 08/26/2025 (MT Newswires) -- Asian stock markets tracked lower on Tuesday, undercut by tech shares and overnight declines on US and European exchanges.

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

In Japan, the Nikkei 225 finished off 1% as traders booked profits in a market still near record highs.

The benchmark Nikkei 225 fell 413.92 to 42,394.40, as losing issues outnumbered gainers 173 to 52.

Leading the upside was online retailer Rakuten, up 3.9%, while Nissan Motor declined 6.2%.

In Hong Kong, the Hang Seng Index closed down 1.2% as traders awaited more clarity on pending monetary policies from the US Federal Reserve and the People's Bank of China.

The broad gauge Hang Seng fell 304.99 to 25,524.92, as losing issues outnumbered gainers 66 to 18. The Hang Seng TECH Index lost 0.7% on the day, while the Mainland Properties Index fell 0.4%.

Leading the upside was noodle maker Tingyi, gaining 3.4%, while CSPC Pharmaceutical declined 4.3%.

On the mainland, the Shanghai Composite fell 0.4% to 3,868.38.

On the other regional exchanges, the S. Korean KOSPI fell 0.9%; the Taiwan TWSE rose 0.1%; the Australian ASX 200 declined 0.4%; the Singapore Straits Times Index rose 0.3%, and the Thai Set advanced 0.9%. In late trading in Mumbai, the Sensex was down 1.1%

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