• Wed, Apr 29, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Market & Economic Intelligence Platform Insight on Macro, Commodities, Equities & Policy

13 May 2025 07:51  |

Asia-Pacific markets climb after massive rally on Wall Street on U.S.-China trade deal

Asia-Pacific markets climbed Tuesday, following a massive rally on Wall Street after the U.S. and China agreed to a trade deal.

Japan’s benchmark Nikkei 225 surged 2.17% at the open, while the broader Topix index advanced 1.77%.

In South Korea, the Kospi index moved up 0.13% while the small-cap Kosdaq added 1.01% in early trade.

Australia’s S&P/ASX 200 rose 0.71%.

Futures for Hong Kong’s Hang Seng index stood at 23,403, pointing to a weaker open compared to the HSI’s last close of 23,549.46.

Investors will be paying close attention to Indian markets, which surged Monday on optimism over the India—Pakistan ceasefire. The benchmark Nifty 50 ended the day at 24,924.70, its highest level since Oct. 16, 2024, while the BSE Sensex index closed at 82,429.90, its highest since Oct. 3, 2024.

Source: CNBC

Related News

MARKET UPDATE

Asian Stocks Down, Focus on Korea, Middle East

Asian stocks started the week on a weak note, as investors grappled with South Korea’s political turmoil and awaited fresh ...

9 December 2024 07:43
MARKET UPDATE

Asian Stocks Drop as Trump’s Tariff Deadline Nears

Asian shares slumped at the open as White House pushing ahead with sweeping tariffs on trading partners including a 104% le...

9 April 2025 07:25
MARKET UPDATE

Asian Stocks Fluctuate on Hints of Tariff Relief

Stocks remained volatile in Asia after U.S. Commerce Secretary Howard Lutnick suggested the Trump administration may lift som...

5 March 2025 07:32
MARKET UPDATE

Asian Stocks in Narrow Range, Yen Crosses Key Level

Asian stocks traded in a narrow range after U.S. stocks fell from record highs as a disappointing forecast from the world’s...

21 February 2025 07:43
BIAS23.com BIAS23.com NM23 Ai