Asia stocks gain amid Wall Street tech rally
MG News | September 04, 2025 at 09:24 AM GMT+05:00
September 04, 2025 (MLN): Asia-Pacific markets mostly advanced on Thursday, tracking overnight gains on Wall Street where a tech rally lifted the S&P 500 and Nasdaq Composite, though economic concerns capped broader sentiment.
Japan’s Nikkei 225 rose 1.26%, while the Topix gained 0.79%.
Shares of Kyoto-based Nidec Corp plunged as much as 22.44% after announcing a probe into allegations of improper accounting.
In Australia, the S&P/ASX 200 climbed 0.64% after July household spending rose 0.5% month on month, up from 0.3% in June, as CNBC reported.
On a yearly basis, spending grew 5.1%, the fastest pace since November 2023, supported by health, transport, and miscellaneous goods and services.
South Korea’s Kospi gained 0.14% and the Kosdaq rose 0.94%.
Hong Kong’s Hang Seng index dropped 1.21%, while China’s CSI 300 fell 2.47% in volatile trading.
India’s Nifty 50 opened 0.82% higher, and the Sensex added 0.64%.
Global bond markets remained in focus as long-dated yields climbed.
The U.S. 30-year Treasury yield rose above 5% for the first time since July, while Japan’s 30-year bond yield hit a record high, up 100 basis points this year on inflation and political uncertainty.
On Wall Street, the Nasdaq Composite gained 1.03% to 21,497.73 and the S&P 500 rose 0.51% to 6,448.26, supported by tech stocks after a favorable Alphabet antitrust ruling.
The Dow Jones Industrial Average slipped 24.58 points, or 0.05%, to 45,271.23.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 163,717.59 195.40M | -0.53% -872.82 |
| ALLSHR | 99,787.52 465.96M | -0.54% -539.90 |
| KSE30 | 49,902.27 49.33M | -0.61% -307.54 |
| KMI30 | 238,074.74 22.05M | -0.15% -357.40 |
| KMIALLSHR | 65,775.96 229.36M | -0.38% -250.41 |
| BKTi | 45,971.71 32.30M | -1.51% -706.31 |
| OGTi | 32,705.34 4.24M | -0.12% -40.82 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 111,485.00 | 111,690.00 109,820.00 | 1065.00 0.96% |
| BRENT CRUDE | 65.78 | 65.93 65.41 | -0.21 -0.32% |
| RICHARDS BAY COAL MONTHLY | 80.50 | 0.00 0.00 | -0.90 -1.11% |
| ROTTERDAM COAL MONTHLY | 92.60 | 92.60 92.60 | 0.80 0.87% |
| USD RBD PALM OLEIN | 1,085.00 | 1,085.00 1,085.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 61.59 | 61.80 61.21 | -0.20 -0.32% |
| SUGAR #11 WORLD | 15.24 | 15.44 15.18 | 0.14 0.93% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
Profit Repatriation