• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Stock

Asian stocks mixed ahead of US Fed decision: Nikkei surges, Hang Seng flat

by March 19, 2025
by March 19, 2025

Asian stock markets are trading mixed on Wednesday, following broadly negative cues from Wall Street overnight.

Traders remain cautious ahead of key interest rate decision by the US Federal Reserve later in the day.

Concerns over the economic outlook and the impact of US President Donald Trump’s trade policies continue to weigh on sentiment.

Asian markets had closed mostly higher on Tuesday.

While the Fed is widely expected to keep interest rates unchanged, investors will closely monitor the accompanying statement and officials’ projections for further insights into the future rate path.

Japanese stocks extend gains

Despite weak leads from Wall Street, the Japanese stock market is trading higher on Wednesday, extending gains for a fourth consecutive session.

The Nikkei 225 has climbed past the 38,000 mark, buoyed by strong performances in exporters, automakers, and financial stocks, though gains in the technology sector have been relatively muted.

The benchmark Nikkei 225 Index closed the morning session at 38,107.27, up 261.85 points, or 0.69%, after touching an intraday high of 38,128.58.

Among key movers, SoftBank Group is down almost 1%, while Fast Retailing, the operator of Uniqlo, is gaining nearly 1%.

In the automotive sector, Honda is edging up 0.3%, and Toyota is advancing close to 3%.

The BOJ decided to keep its key policy rate unchanged at 0.5% in a unanimous vote, aligning with market expectations.

Policymakers remain cautious as they evaluate the potential effects of Trump’s trade policies on Japan’s export-driven economy.

While the BOJ acknowledged that the economy is recovering moderately, officials pointed to signs of weakness in certain areas.

Hong Kong, China stocks wobbly

Hong Kong stocks swung between gains and losses on Wednesday, as investors adopted a wait-and-see approach ahead of Tencent Holdings’ earnings report and the Federal Reserve’s policy decision.

The Hang Seng Index was up 0.11% at 24,767.10, hovering near a three-year high.

The Hang Seng Tech Index, however, dropped 1%.

China’s CSI 300 Index and the Shanghai Composite Index remained little changed.

Tencent edged down 0.1%, while Alibaba Group Holding declined 1.88% to HK$140.70, and search engine giant Baidu fell 4.1% to HK$99.15.

Other Asian markets

The Australian stock market is paring early losses in mid-market trading on Wednesday, snapping a three-session winning streak.

The benchmark S&P/ASX 200 remains well below the 7,900 level after tracking the negative cues from Wall Street overnight, with a mixed performance across most sectors.

The S&P/ASX 200 Index is down 14.70 points, or 0.19%, at 7,845.70, after falling to a low of 7,808.80 earlier.

Seoul shares opened higher Wednesday, defying losses on Wall Street, as gains in tech and bio stocks lifted sentiment.

The Kospi climbed 20.50 points, or 0.78%, to 2,632.84 in the first 15 minutes of trading. Samsung Electronics surged 1.91%, while SK Hynix edged down 0.25%.

The post Asian stocks mixed ahead of US Fed decision: Nikkei surges, Hang Seng flat appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
SWARMS price prediction: Swarms to release a no-code multi-agent platform this week
next post
BT Group share price hits key level: can it surge to 200p?

Related Posts

Here’s why the top DAX Index stocks of...

June 26, 2025

Bayer share price is rising: does it have...

June 26, 2025

Highs today, higher tomorrow? UBS sees AI adoption...

June 26, 2025

Europe markets open: stocks mostly up; Shell denies...

June 26, 2025

Why are SPACs suddenly hot again and should...

June 26, 2025

Euro weakens as US Dollar strengthens, ECB dovish...

June 26, 2025

Australia, New Zealand top global rankings in per...

June 26, 2025

SMCI stock price analysis as Supermicro forms risky...

June 26, 2025

Eli Lilly seen as the stronger bet amid...

June 26, 2025

Nvidia’s $3.77 trillion surge lifts Asian chip stocks...

June 26, 2025

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.

Recent Posts

  • Trump’s ‘Art of the Deal’ Politics Undermine America’s Future

    June 26, 2025
  • Teachers’ Unions Think They Own Your Kids 

    June 26, 2025
  • Central Bank Independence: More Heat than Light

    June 26, 2025
  • Central Bank Independence: More Heat than Light

    June 26, 2025
  • Trump’s “Art of the Deal” Politics Undermines America’s Future

    June 26, 2025
  • Teachers Unions Think They Own Your Kids 

    June 26, 2025

Editors’ Picks

  • 1

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 2

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 5

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025
  • 6

    Elon Musk says federal employees must fill out productivity reports or resign

    February 23, 2025
  • 7

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025

Categories

  • Economy (1,627)
  • Editor's Pick (168)
  • Investing (185)
  • Stock (1,052)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

3 reasons the Rolls-Royce share price may...

February 25, 2025

Nokia Q1 profit misses mark, warns US...

April 24, 2025

SPCE stock price analysis after the $12...

March 7, 2025