American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Business

Asian stocks end mixed: Hang Seng climbs 1.1%, Nikkei slips 0.5%

by admin June 5, 2025
June 5, 2025
Asian stocks end mixed: Hang Seng climbs 1.1%, Nikkei slips 0.5%

Asian equities closed mixed on Thursday as investors assessed weaker-than-expected US economic reports and awaited Friday’s closely watched non-farm payrolls data for further direction.

Hong Kong stocks lead gains

Hong Kong stocks rose for a third consecutive session, marking the longest winning streak in nearly a month, as fresh data signaled continued expansion in China’s services sector.

The Hang Seng Index climbed 1.1% to 23,906.97, its highest close since March 20.

The three-day, 3.2% advance was the benchmark’s best run since May 12. The Hang Seng Tech Index rose 1.9%.

China’s Shanghai Composite and the CSI 300 Index each added 0.2%.

The Caixin China services purchasing managers’ index rose to 51.1 in May from 50.7 in April, surpassing the consensus estimate of 51 in a Bloomberg survey.

A reading above 50 indicates growth.

Japanese stocks decline on bond auction weakness

Japanese markets ended lower as a lackluster 30-year bond auction – the weakest since 2023 – renewed pressure on the government to rework debt issuance plans.

Investors were also cautious ahead of the fifth round of US-Japan trade talks focused on tariffs.

The Nikkei 225 slipped 0.51% to 37,554.49, while the broader Topix lost 1.03% to close at 2,756.47.

Automakers led losses. Honda and Toyota fell around 2.7% each, while Suzuki Motor dropped 3% amid reports that it had halted production of its Swift model due to China’s rare earth restrictions.

Other regional markets

Seoul stocks extended gains for a third session, reaching the highest level in nearly a year.

Optimism was fueled by the new administration’s plans to reopen dialogue with North Korea and strengthen ties with the US and Japan.

The Kospi jumped 1.49% to 2,812.05, led by large-cap tech names. Samsung Electronics rose 2.3% and SK Hynix gained 3.2%.

Australian shares were volatile and closed marginally lower after April trade data fell short of expectations.

Earlier gains faded during the session amid broader regional uncertainty.

Indian equity benchmarks ended in the green for a second straight session on June 5, with the Nifty closing above the 24,750 mark.

The Sensex rose 443.79 points, or 0.55%, to settle at 81,442.04, while the Nifty gained 130.70 points, or 0.53%, to close at 24,750.90.

Among the top Nifty gainers were Eternal, Dr. Reddy’s Laboratories, Trent, Power Grid Corporation, and ICICI Bank.

US markets on Wednesday

Wall Street ended narrowly mixed in choppy midweek trade, as investors weighed disappointing economic indicators against expectations for Friday’s labor market report.

The Dow Jones Industrial Average slipped 91.90 points, or 0.2%, to 42,427.74.

The S&P 500 edged up 0.44 points to 5,970.81, while the Nasdaq Composite advanced 61.53 points, or 0.3%, to 19,460.49.

Both the S&P 500 and Nasdaq notched their highest closing levels in more than three months, despite the day’s range-bound moves.

The post Asian stocks end mixed: Hang Seng climbs 1.1%, Nikkei slips 0.5% appeared first on Invezz

0
FacebookTwitterGoogle +Pinterest
previous post
Procter & Gamble to cut 7,000 jobs as tariff impact hits demand
next post
Top 2 reasons why the Wise share price is surging today

Related Posts

Coca-Cola earnings preview: what to expect from today’s...

February 11, 2025

Hyundai and Kia unit settles U.S. charges it...

May 11, 2024

Why Coca-Cola says DEI is essential for business...

February 22, 2025

China halts Boeing jet deliveries amid rising US-China...

April 15, 2025

Lloyds share price outlook ahead of earnings: buy,...

April 24, 2025

Trump set to axe Space Council after SpaceX...

January 22, 2025

Ubisoft could go under Chinese or Saudi ownership...

January 17, 2025

CrowdStrike says it isn’t to blame for Delta’s...

August 6, 2024

Why did Goldman Sachs upgrade Brazil’s Ultrapar to...

February 1, 2025

A lack of child care is keeping this...

July 9, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • Interview: Strategic location gives Brazil Potash cost advantage in domestic fertiliser market, says CEO Matt Simpson

      June 1, 2025
    • Canada’s Q1 GDP expands by 2.2%, driven by exports spike ahead of potential US tariffs

      June 1, 2025
    • President Trump to host farewell for Elon Musk as DOGE leader steps away

      June 1, 2025
    • UK’s digital banks face divergent fortunes: Starling stumbles, Monzo and Revolut soars

      June 1, 2025
    • Trump wants Apple to shift iPhone production from India to the US: here’s what it means

      May 18, 2025

    Categories

    • Business (3,032)
    • Investing (2,462)
    • Latest News (1,994)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved