{"id":41206,"date":"2025-07-01T11:35:00","date_gmt":"2025-07-01T11:35:00","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/07\/01\/asian-markets-close-higher-tracking-wall-street-gains-kospi-strong-above-3000-level\/"},"modified":"2025-07-01T11:35:00","modified_gmt":"2025-07-01T11:35:00","slug":"asian-markets-close-higher-tracking-wall-street-gains-kospi-strong-above-3000-level","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/07\/01\/asian-markets-close-higher-tracking-wall-street-gains-kospi-strong-above-3000-level\/","title":{"rendered":"Asian markets close higher, tracking Wall Street gains; Kospi strong above 3,000 level"},"content":{"rendered":"
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Asian markets closed higher on Tuesday, but continue to tread with caution amid uncertainty over US President Donald Trump’s recent policy moves and the approaching July 9 trade deadline. <\/p>\n

Most of the markets in the region traded higher, except in Japan where\u00a0Nikkei 225 witnessed profit-booking today after touching a 6-month high last week.<\/p>\n

The fresh gains in Asian markets<\/a> are seen in the context of overall bullish sentiment in the global market as Wall Street is touching new record highs from the previous two sessions.<\/p>\n

But, the caution factor is also visible in the trading volume as US President Donald Trump has thrown some mixed signals around the July 9 tariff deadline and the rising uncertainty is weighing on the market sentiment.<\/p>\n

Asian markets: Nikkei, and Hang Seng close in red<\/h2>\n

Japanese stocks closed lower on Tuesday, weighed down by declines in the Paper & Pulp, Transport, and Communication sectors.<\/p>\n

The Nikkei 225 slipped 1.43% by the end of the trading session in Tokyo.<\/p>\n

Among the top gainers, Tokyo Electric Power stood out with a sharp rise of 9.98%, adding 47.90 points to finish the day at \u00a5528.00.<\/p>\n

Hong Kong’s Hang Seng index witnessed volatile trading on Tuesday as the index swung between green and red during the day.<\/p>\n

At the time of closing, the Hang Seng index was at 24,072.28, 0.87% down from its previous closing.<\/p>\n

Kospi maintains strength<\/h2>\n

In contrast, South Korea’s Kospi continued its upward movement which reflected a more positive market outlook, likely supported by favorable domestic economic policies and solid investor sentiment.<\/p>\n

The index\u2019s gains have been bolstered by strong performances in key sectors like electronics and automotive, which continue to benefit from robust demand and ongoing innovation.<\/p>\n

At closing time, the Kospi index was trading 0.6% higher at 3,089.65.<\/p>\n

China’s CSI 300 ended in green on Tuesday for the second consecutive session at it ended 3,942.76, a slight 0.17% higher than its previous close.<\/p>\n

The markets in the broader Asia-Pacific region maintained the muted sentiment with Australia’s S&P\/ASX 200 closing 0.014% below at 8,541.10.<\/p>\n

Sensex, Nifty rebound to green<\/h2>\n

After a day of profit-booking, the Indian benchmark indices<\/a> rebounded to green territory on Tuesday.<\/p>\n

The Sensex edged up by 90.83 points (0.11%) to settle at 83,697.29, while the Nifty added 24.75 points (0.10%) to end at 25,541.80.<\/p>\n

Market breadth was mixed, with 1,971 stocks advancing, 1,889 declining, and 150 remaining flat.<\/p>\n

Sector-wise, FMCG, media, and power stocks saw losses ranging from 0.4% to 1.3%, whereas the PSU Bank index gained 0.7% and Consumer Durables rose 0.4%. <\/p>\n

The broader BSE Midcap and Smallcap indices finished with slight declines.<\/p>\n

Among the top performers on the Nifty were Apollo Hospitals, Bharat Electronics, Reliance Industries, SBI Life, and Asian Paints. <\/p>\n

Notable laggards included Axis Bank, Nestle, Shriram Finance, Eternal, and Trent.<\/p>\n

The post Asian markets close higher, tracking Wall Street gains; Kospi strong above 3,000 level<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Asian markets closed higher on Tuesday, but continue to tread with caution amid uncertainty over US President Donald Trump’s recent policy moves and the approaching July 9 trade deadline.  Most of the markets in the region traded higher, except in Japan where\u00a0Nikkei 225 witnessed profit-booking today after touching a 6-month high last week. The fresh <\/p>\n","protected":false},"author":1,"featured_media":41207,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-41206","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\/41206","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=41206"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/41206\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/41207"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=41206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=41206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=41206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}