Sunday, 11 May 2025

Asian stock markets mixed Tuesday

اقرأ المزيد

Asian stock markets were mixed Tuesday after China promised to speed up the rollout of policy changes to boost anemic economic growth and Australia’s central bank raised its benchmark interest rate, the Associated Press reported.
Shanghai, Tokyo and Seoul gained while Hong Kong declined.
The Shanghai Composite Index gained 1.1% to 3,235.57 while the Nikkei 225 in Tokyo added 0.1% to 27,643.06. The Hang Seng in Hong Kong shed 0.2% to 19,177.70.
Sydney’s S&P-ASX 200 lost 0.3% to 6,833.80 after Australia’s central bank raised its benchmark lending rate by 0.5 percentage points to 2.35%, its highest level since 2015, and said more rate hikes were planned.
The Kospi in Seoul advanced 0.2% to 2,408.55 while India’s Sensex opened down less than 0.1% at 59,230.54. New Zealand retreated while Southeast Asian markets gained.
U.S. markets were closed Monday for a holiday.
In energy markets, benchmark U.S. crude gained $1.78 to $88.65 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude, used to price international oils, lost 70 cents to $95.04 per barrel in London.
The dollar advanced to 141.12 yen from Monday’s 140.46 yen. The euro gained to 99.55 cents from 99.31 cents.

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