{"id":39535,"date":"2025-05-08T11:36:59","date_gmt":"2025-05-08T11:36:59","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/05\/08\/asian-stocks-close-mostly-higher-nikkei-up-0-41-hang-seng-up-0-4\/"},"modified":"2025-05-08T11:36:59","modified_gmt":"2025-05-08T11:36:59","slug":"asian-stocks-close-mostly-higher-nikkei-up-0-41-hang-seng-up-0-4","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/05\/08\/asian-stocks-close-mostly-higher-nikkei-up-0-41-hang-seng-up-0-4\/","title":{"rendered":"Asian stocks close mostly higher: Nikkei up 0.41%, Hang Seng up 0.4%"},"content":{"rendered":"
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Asian equities rose broadly on Thursday even as Wall Street registered a second day of losses overnight. <\/p>\n

Regional sentiment was buoyed by the US Federal Reserve\u2019s decision to hold interest rates steady and by expectations of progress in upcoming US-China tariff negotiations.<\/p>\n

The markets also gained strength as speculations were rife that the US and UK are expected to announce a trade deal later in the day.<\/p>\n

Japan’s Nikkei rebounds<\/h2>\n

Japanese shares ended higher, led by semiconductor names tracking gains in their US counterparts. <\/p>\n

The Nikkei 225 gained 0.41 percent to 36,928.63, while the Topix index edged up to 2,698.72.<\/p>\n

Advantest surged 3.7 percent, Tokyo Electron rose over 2 percent, and Screen Holdings added 1.4 percent. <\/p>\n

Shares of NTT Data Group jumped nearly 17 percent following a Nikkei report that Nippon Telegraph and Telephone intends to launch a tender offer worth up to \u00a53 trillion to acquire the remaining stake in the company.<\/p>\n

Hong Kong, China extends rally as Beijing unveils fresh support<\/h2>\n

Hong Kong\u2019s market advanced for a sixth straight session amid newly announced policy measures from Beijing aimed at supporting the private sector ahead of scheduled US-China tariff talks this weekend. <\/p>\n

The Hang Seng Index closed 0.4 percent higher at 22,775.92, while the Hang Seng Tech Index added 0.6 percent.<\/p>\n

China’s CSI 300 gained 0.6 percent, and the Shanghai Composite rose 0.3 percent. <\/p>\n

Gains were seen across sectors: Geely Automobile rose 4.4 percent, Li Auto climbed nearly 5 percent, and Meituan was up 1.7 percent. On the other hand, SMIC and Baidu declined 2.3 percent and 2.8 percent, respectively.<\/p>\n

The Hong Kong Monetary Authority left its base rate unchanged at 4.75 percent, mirroring the US Fed’s decision, as officials continued to monitor inflation risks tied to tariff policy.<\/p>\n

Other regional markets post modest gains<\/h2>\n

South Korea\u2019s Kospi index rose 0.22 percent to 2,579.48, extending its winning streak to a third day. <\/p>\n

Australia\u2019s S&P\/ASX 200 added 0.16 percent to 8,191.70, while the broader All Ordinaries closed 0.26 percent higher at 8,421.70.<\/p>\n

Indian markets ended lower on May 8 amid a volatile trading session, with the Nifty slipping below the 24,300 mark.<\/p>\n

The Sensex fell 411.97 points, or 0.51 percent, to close at 80,334.81, while the Nifty declined 140.60 points, or 0.58 percent, to 24,273.80. <\/p>\n

Barring IT and Media, all sectoral indices closed in the red, with metal, oil & gas, pharma, PSU banks, auto, consumer durables, and realty sectors losing between 1\u20132 percent.<\/p>\n

Wall Street on Wednesday<\/h2>\n

US stocks closed higher after a choppy session.<\/p>\n

The Dow rose 0.7 percent to 41,113.79, the S&P 500 gained 0.4 percent to 5,631.28, and the Nasdaq added 0.3 percent to 17,738.16.<\/p>\n

Semiconductor stocks led the late-day rebound. <\/p>\n

The Philadelphia Semiconductor Index jumped 1.7 percent on reports that the Trump administration may roll back AI chip export restrictions imposed during the Biden era. <\/p>\n

Bloomberg reported that the move is part of a broader policy shift in how chip sales to foreign nations are regulated.<\/p>\n<\/p>\n

The post Asian stocks close mostly higher: Nikkei up 0.41%, Hang Seng up 0.4%<\/a> appeared first on Invezz<\/a><\/p>\n

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Asian equities rose broadly on Thursday even as Wall Street registered a second day of losses overnight. Regional sentiment was buoyed by the US Federal Reserve\u2019s decision to hold interest rates steady and by expectations of progress in upcoming US-China tariff negotiations. The markets also gained strength as speculations were rife that the US and <\/p>\n","protected":false},"author":1,"featured_media":39536,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-39535","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/39535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=39535"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/39535\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/39536"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=39535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=39535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=39535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}