A day after Asian stocks sank after the Trump administration announced $200 billion in new tariffs against Chinese goods, markets strongly rebounded in early trading Thursday, with investors around the region apparently gaining optimism from a 1%-plus bounce by Chinese indexes.
Both the Shanghai Composite SHCOMP, +1.90% � and the smaller-cap Shenzhen Composite 399106, +2.39% � were up more than 1.2%, largely making up Wednesday��s losses. Hong Kong��s Hang Seng Index HSI, +0.71% � gained as well, with ZTE 0763, +22.08% �shares skyrocketing after the Chinese telecom was poised to resume doing business with U.S. suppliers. China��s state-run shipper Cosco 2866, +0.82% � was up almost 1%.
Despite the yen hitting six-month lows against the dollar USDJPY, +0.20% �, domestic-driven stocks were leading the way in Japan, reflecting investors�� caution about cyclical stocks. The Nikkei NIK, +1.31% � was up 1.1%, led by drug maker Eisai 4523, +8.61% �, while beverages firm Yakult Honsha 2267, +3.64% � and diaper maker Unicharm 8113, +2.69% � jumped as well. Energy stocks, however, skidded following oil��s overnight slump. Explorer Inpex 1605, -3.04% � and distributor JXTG 5020, -3.70% � were both off more than 3%.
In South Korea, the Kospi SEU, +0.72% � rose slightly despite tech-sector declines, dragged by Samsung 005930, +0.33% � and SK Hynix 000660, -1.15% �.
Australia��s S&P/ASX 200 XJO, +0.91% �steadily gained steam toward a 1% gain despite the overnight slump in oil prices. Shares of Oil Search OSH, -0.22% � dropped early, but recovered as the trading day went on. Markets in Taiwan Y9999, +0.39% �, Singapore STI, +0.10% � and Malaysia FBMKLCI, +0.44% � also posted gains. New Zealand��s NZX-50 NZ50GR, -0.21% � was the only regional index in the red, down just a fraction.
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Comment Related Topics Asia Markets China Japan Australia Singapore Foreign Investment Quote References SHCOMP +52.67 +1.90% 399106 +37.23 +2.39% HSI +201.18 +0.71% 0763 +2.46 +22.08% 2866 +0.01 +0.82% USDJPY +0.23 +0.20% NIK +286.23 +1.31% 4523 +858.00 +8.61% 2267 +260.00 +3.64% 8113 +92.00 +2.69% 1605 -36.00 -3.04% 5020 -29.40 -3.70% SEU +16.41 +0.72% 005930 +150.00 +0.33% 000660 -1,000.00 -1.15% XJO +56.60 +0.91% OSH -0.02 -0.22% Y9999 +41.44 +0.39% STI +3.37 +0.10% FBMKLCI +7.41 +0.44% NZ50GR -19.33 -0.21% Show all references MarketWatch Partner Center Most Popular
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Intraday Data provided by SIX Financial Information and subject to terms of use. Historical and current end-of-day data provided by SIX Financial Information. All quotes are in local exchange time. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. Advanced Search Stocks Columns Authors Topics No results found Shanghai Composite Index China: Shanghai: SHCOMP 2,830.44 +52.67 (+1.90%) | Volume | 77.3M |
| Open | 2,771 |
| High | 2,831 |
| Low | 2,771 |
| P/E Ratio | 0 |
| Div Yield | 0 |
| Market Cap | N/A |
| Volume | 11.7B |
| Open | 1,554 |
| High | 1,592 |
| Low | 1,554 |
| P/E Ratio | 0 |
| Div Yield | 0 |
| Market Cap | N/A |
| Volume | 0 |
| Open | 28,260 |
| High | 28,517 |
| Low | 28,217 |
| P/E Ratio | 0 |
| Div Yield | 0 |
| Market Cap | N/A |
| Volume | 42.9M |
| Open | HK$12.80 |
| High | HK$13.80 |
| Low | HK$12.78 |
| P/E Ratio | 9.65 |
| Div Yield | 0 |
| Market Cap | 60.6B |
| Volume | 3.4M |
| Open | HK$1.22 |
| High | HK$1.23 |
| Low | HK$1.21 |
| P/E Ratio | 8.82 |
| Div Yield | 0 |
| Market Cap | 26.7B |
| Volume | 0 |
| Open | 112.01 |
| High | 112.37 |
| Low | 111.92 |
| P/E Ratio | 0 |
| Div Yield | 0 |
| Market Cap | N/A |
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