{"id":39639,"date":"2025-05-12T11:35:39","date_gmt":"2025-05-12T11:35:39","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/05\/12\/hang-seng-nifty-lead-asian-markets-higher-on-monday\/"},"modified":"2025-05-12T11:35:39","modified_gmt":"2025-05-12T11:35:39","slug":"hang-seng-nifty-lead-asian-markets-higher-on-monday","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/05\/12\/hang-seng-nifty-lead-asian-markets-higher-on-monday\/","title":{"rendered":"Hang Seng, Nifty lead Asian markets higher on Monday"},"content":{"rendered":"<div><\/div>\n<p>Asian equities advanced on Monday as investors welcomed signs of easing tensions between the US and China following trade talks over the weekend. <\/p>\n<p>A meeting in Geneva between officials from both countries led to commitments to continue negotiations.<\/p>\n<h2 class=\"wp-block-heading\">China and Hong Kong stocks lead regional gains<\/h2>\n<p>China\u2019s Shanghai Composite Index rose 0.82% to 3,369.24 after Vice Premier He Lifeng said both sides had agreed to establish a consultation mechanism to address ongoing trade and economic matters. <\/p>\n<p>Hong Kong stocks outperformed, with the Hang Seng Index surging 3% and the Hang Seng Tech Index climbing 5.2%.<\/p>\n<p>Alibaba led the rally with gains of more than 6%. Shares in BYD Electronic and Sunny Optical Technology each jumped over 13%, while Lenovo and XPeng rose more than 9%. <\/p>\n<p>Both Hang Seng indices have now erased losses sustained since the steep \u201cLiberation Day\u201d tariffs were announced by President Donald Trump on April 2.<\/p>\n<h2 class=\"wp-block-heading\">Indian equities rocket<\/h2>\n<p>Indian equity benchmarks surged sharply on Monday, driven by easing border tensions between India and Pakistan and notable progress in trade negotiations between the US and China.<\/p>\n<p>The Sensex ended the session higher by 2,975.43 points, or 3.74%, at 82,429.90, while the Nifty rallied 916.70 points, or 3.82%, to close at 24,924.70. <\/p>\n<p>In percentage terms, it marked the second-strongest single-day gain for both indices in four years, surpassed only by the rally on February 1, 2021, when benchmarks jumped more than 4.7%.<\/p>\n<p>The rally was broad-based. All sectoral indices ended in positive territory, with notable strength seen in IT, financials, and consumer-facing sectors. <\/p>\n<p>The BSE Midcap index rose 3.8%, while the Smallcap index outperformed with a 4% gain.<\/p>\n<p>Top gainers on the Nifty included Infosys, Adani Enterprises, Shriram Finance, Trent, and HCL Technologies.<\/p>\n<h2 class=\"wp-block-heading\">Japanese equities edge higher<\/h2>\n<p>Japanese markets registered modest gains on optimism around U.S.-China relations. <\/p>\n<p>The Nikkei rose 0.38% to 37,644.26 and the Topix added 0.31% to 2,742.08. Gains in broader markets were tempered by corporate updates.<\/p>\n<p>Panasonic Holdings fell nearly 2% after announcing plans to cut 10,000 jobs and take restructuring charges of \u00a5130 billion (about $896 million) this fiscal year. <\/p>\n<p>Nippon Steel slumped 3.8% after projecting a 43% decline in net profit for the year ending March 2026.<\/p>\n<h2 class=\"wp-block-heading\">Other regional markets<\/h2>\n<p>The Kospi in Seoul gained 1.17% to close at 2,607.33, supported by strength in technology and automobile shares. <\/p>\n<p>SK Hynix, Hyundai Motor, Kia Corp, and Samsung Electronics all rose between 3% and 5%.<\/p>\n<p>Australian stocks gave up early gains to end marginally higher. The S&amp;P\/ASX 200 edged up 0.07% to 8,197.60. <\/p>\n<h2 class=\"wp-block-heading\">US markets on Friday<\/h2>\n<p>Wall Street closed out Friday on a quiet note, with major indices finishing narrowly mixed. <\/p>\n<p>The Nasdaq edged up less than 0.1% to 17,928.92, while the S&amp;P 500 dipped 0.1% to 5,659.91. The Dow lost 0.3% to close at 41,249.38.<\/p>\n<p>For the week, the S&amp;P 500 declined 0.5%, the Nasdaq lost 0.3%, and the Dow shed 0.2%. <\/p>\n<p>Hopes for progress in US-China trade talks lifted early sentiment, with Bloomberg reporting that US officials aimed to reduce tariffs on Chinese imports to below 60%. <\/p>\n<p>However, President Trump reiterated his preference for an 80% rate, capping enthusiasm.<\/p>\n<\/p>\n<p>The post <a href=\"https:\/\/invezz.com\/news\/2025\/05\/12\/hang-seng-nifty-lead-asian-markets-higher-on-monday\/\">Hang Seng, Nifty lead Asian markets higher on Monday<\/a> appeared first on <a href=\"https:\/\/invezz.com\/\">Invezz<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asian equities advanced on Monday as investors welcomed signs of easing tensions between the US and China following trade talks over the weekend. A meeting in Geneva between officials from both countries led to commitments to continue negotiations. China and Hong Kong stocks lead regional gains China\u2019s Shanghai Composite Index rose 0.82% to 3,369.24 after <\/p>\n","protected":false},"author":1,"featured_media":39640,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-39639","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\/39639","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=39639"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/39639\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/39640"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=39639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=39639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=39639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}