Asia-Pacific markets were mixed on Friday, as investors assessed the impact of President Donald Trump’s reciprocal tariffs plan. The US president signed a memo to examine tariffs on foreign nations, which led to a surge in stocks overnight.
In mainland China, the CSI 300 Index rose 0.87% to end the day higher, while Hong Kong’s Hang Seng index jumped 3.48%. South Korea’s Kospi closed up 0.31%, and its small-cap Kosdaq advanced 0.94%.
Japan’s Nikkei 225 fell 0.79%, while India’s benchmark Nifty 50 lost 0.82%. Australia’s S&P/ASX 200 edged higher, closing at 8,555.80.
The South Asian region saw mixed results, with Singapore’s economy expanding by 4.4% in 2024, its fastest growth since 2021. Malaysia’s economy grew 5.1% in 2024, while India’s wholesale inflation rose 2.31%.
In the US, stocks rose following fresh inflation data and updates on US tariff plans. The Dow Jones Industrial Average jumped 342.87 points, or 0.77%, to 44,711.43.
The mixed Asia-Pacific market performance comes amid concerns about the impact of US tariffs on global trade. Investors will be watching for further developments on this front.
Source: https://www.cnbc.com/2025/02/14/asia-markets-live-updates-asia-markets-set-to-rise.html