Financial Trade Freedom - Investing and Stock News
  • Investing
  • News
  • Editor’s Pick
  • Economy
  • Stock
  • Investing
  • News
  • Editor’s Pick
  • Economy
  • Stock
No Result
View All Result
Financial Trade Freedom - Investing and Stock News
No Result
View All Result
Home Stock

Asian stocks end mixed: Hang Seng snaps winning streak, Nikkei jumps 0.5%

admin by admin
June 6, 2025
in Stock
0
Asian stocks end mixed: Hang Seng snaps winning streak, Nikkei jumps 0.5%
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Asian equity markets closed mixed on Friday in a subdued trading session, with investors weighing the latest developments in US-China relations and bracing for key economic data from the US later in the day.

A phone call between US President Donald Trump and Chinese President Xi Jinping helped ease some concerns around deteriorating trade ties.

Trump described the conversation as “very good” and said it “resulted in a very positive conclusion for both Countries.”

However, the lack of concrete progress or a clear timeline for renewed trade talks kept sentiment in check.

Hong Kong stocks end winning streak

Hong Kong’s Hang Seng Index fell 0.5% to 23,792.54, ending a three-day winning streak that had lifted the benchmark by 3.2%.

For the week, the index still posted a gain of 2.2%. The Hang Seng Tech Index declined 0.6%.

Losses in heavyweight names dragged the market lower. Semiconductor Manufacturing International Corp dropped 4.9% to HK$40.20, Trip.com fell 3.3% to HK$466.80, and Alibaba slipped 1.4% to HK$116.60.

Meituan shed 1.9% while Hong Kong and China Gas declined 3.1% after trading ex-dividend.

China’s Shanghai Composite and the CSI 300 Index each eased 0.1%.

Market participants remained cautious, seeking stronger signs of a thaw in China-US relations before making fresh bets.

Japan’s Nikkei ends in the green

Japanese equities outperformed in the region. The Nikkei 225 rose 0.5% to 37,741.61, while the broader Topix advanced 0.47% to 2,769.33.

Technology stocks led the charge, with Advantest and Tokyo Electron gaining 2.2% and 1.3%, respectively.

Automakers Honda and Nissan also rose about 1.3% each. Investors shrugged off weaker trade data showing a decline in exports during the first 20 days of May.

Other regional markets

Australian markets edged lower amid weakness in technology, mining, and financial sectors.

The S&P/ASX 200 fell 0.27% to 8,515.70 and the All Ordinaries slipped 0.30% to 8,741.90.

South Korean markets were closed for a public holiday.

Indian equity benchmarks closed sharply higher on June 6, with the Nifty reclaiming the 25,000 mark after the Reserve Bank of India delivered a larger-than-expected 50 basis point repo rate cut and reduced the cash reserve ratio (CRR) by 100 basis points.

At close, the Sensex jumped 746.95 points, or 0.92%, to end at 82,188.99, while the Nifty advanced 252.15 points, or 1.02%, to finish at 25,003.05.

Top Nifty gainers included Shriram Finance, Bajaj Finance, JSW Steel, and Axis Bank.

Wall Street cautious ahead of jobs report

US markets ended Thursday lower after a volatile session.

The Nasdaq dropped 0.8% to 19,298.45, the S&P 500 declined 0.5% to 5,939.30, and the Dow slipped 0.3% to 42,319.72.

While early optimism followed Trump’s comments on the phone call with Xi, gains were reversed as traders turned cautious ahead of the US jobs report.

Economists expect nonfarm payrolls to rise by 130,000 in May, down from 177,000 in April, with the unemployment rate expected to remain steady at 4.2%.

The report is likely to offer further clarity on the Federal Reserve’s policy outlook.

The post Asian stocks end mixed: Hang Seng snaps winning streak, Nikkei jumps 0.5% appeared first on Invezz


Previous Post

Starlink reportedly secures key licence in India, moves closer to launching services

Next Post

FTSE 100 Index shares of 2025: Rolls-Royce, Fresnillo, BAE, and more

Next Post
FTSE 100 Index shares of 2025: Rolls-Royce, Fresnillo, BAE, and more

FTSE 100 Index shares of 2025: Rolls-Royce, Fresnillo, BAE, and more

  • Trending
  • Comments
  • Latest
U.S. homebuilders raise alarm over tariffs as sentiment falls to 5-month low

U.S. homebuilders raise alarm over tariffs as sentiment falls to 5-month low

February 19, 2025
Top 4 catalysts for the Dow Jones and S&P 500 this week

Top 4 catalysts for the Dow Jones and S&P 500 this week

May 25, 2025
Here’s why the German DAX index is soaring today

Here’s why the German DAX index is soaring today

May 26, 2025
Denny’s set to close dozens more locations this year, though some openings planned too

Denny’s set to close dozens more locations this year, though some openings planned too

February 16, 2025
FTSE 100 Index shares of 2025: Rolls-Royce, Fresnillo, BAE, and more

FTSE 100 Index shares of 2025: Rolls-Royce, Fresnillo, BAE, and more

0
Amazon ‘anti-union propaganda,’ employee surveillance loom over labor vote at North Carolina warehouse

Amazon ‘anti-union propaganda,’ employee surveillance loom over labor vote at North Carolina warehouse

0
As Joann Fabrics and JCPenney announce store closings, here’s what’s driving the pattern

As Joann Fabrics and JCPenney announce store closings, here’s what’s driving the pattern

0
From tariffs to DOGE, what companies are saying about the impact of MAGA policies

From tariffs to DOGE, what companies are saying about the impact of MAGA policies

0
FTSE 100 Index shares of 2025: Rolls-Royce, Fresnillo, BAE, and more

FTSE 100 Index shares of 2025: Rolls-Royce, Fresnillo, BAE, and more

June 6, 2025
Asian stocks end mixed: Hang Seng snaps winning streak, Nikkei jumps 0.5%

Asian stocks end mixed: Hang Seng snaps winning streak, Nikkei jumps 0.5%

June 6, 2025
Starlink reportedly secures key licence in India, moves closer to launching services

Starlink reportedly secures key licence in India, moves closer to launching services

June 6, 2025
US stocks surge at open: S&P up 0.9%, Dow jumps 400 points

US stocks surge at open: S&P up 0.9%, Dow jumps 400 points

June 6, 2025

    Get Smarter with Your Money – Sign Up for Free Financial Tips!


    Join our community of savvy savers and investors! By signing up, you'll receive weekly emails packed with personalized financial tips, budgeting hacks, and investment strategies tailored to your income level. Take control of your finances today – it’s free and only takes a minute!

    Recent News

    FTSE 100 Index shares of 2025: Rolls-Royce, Fresnillo, BAE, and more

    FTSE 100 Index shares of 2025: Rolls-Royce, Fresnillo, BAE, and more

    June 6, 2025
    Asian stocks end mixed: Hang Seng snaps winning streak, Nikkei jumps 0.5%

    Asian stocks end mixed: Hang Seng snaps winning streak, Nikkei jumps 0.5%

    June 6, 2025
    Starlink reportedly secures key licence in India, moves closer to launching services

    Starlink reportedly secures key licence in India, moves closer to launching services

    June 6, 2025
    US stocks surge at open: S&P up 0.9%, Dow jumps 400 points

    US stocks surge at open: S&P up 0.9%, Dow jumps 400 points

    June 6, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: FinancialTradeFreedom.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 financialtradefreedom.com | All Rights Reserved

    No Result
    View All Result
    • About us
    • Contacts
    • Email Whitelisting
    • Investing and Stock News
    • Privacy Policy
    • Terms and Conditions
    • Thank you

    Disclaimer: FinancialTradeFreedom.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 financialtradefreedom.com | All Rights Reserved