Asian stock markets opened mixed on pressure from tech stocks after Wall Street tumbled on AI valuation concerns.

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European stock markets, Asian stock markets

Asian stock markets opened mixed as tech sell-offs on Wall Street continued to pressure investment sentiment amid concerns about tightening AI stock valuations.

Day 19 Nov '2568 Asian stock markets opened Wednesday morning trading mixed. Pressured by the negative atmosphere in the US stock market last night, after technology stocks continued to sell off due to concerns about the potential overvaluation of artificial intelligence (AI) stocks, a key factor that dragged down Wall Street's main indexes across the board.

This morning, major regional stock markets moved differently, with Japan's Nikkei 225 index rose 0.5%. After being pressured at the opening bell by selling pressure in technology stocks, particularly semiconductor stocks such as Advantest, which initially fell more than 4% before limiting its decline to 1.4%, and Renesas, which fell as much as 4.4%, other regional tech stocks continued to face selling pressure. South Korea's Kospi index fell 0.67%. Kosdaq fell 1.02%. Major stocks such as Samsung Electronics and SK Hynix fell 2.25% and 2.46%, respectively.

Other markets in the region are still adapting in a mixed way. Australia's S&P/ASX 200 edged up 0.11%. while Hong Kong's Hang Seng rose 0.19%. andMainland China's CSI 300 Index rose 0.4%. Even though Xiaomi's shares in Hong Kong fell more than 4% after the company signaled it may raise smartphone prices in 2026 due to soaring memory chip costs amid AI demand.

US pressure remains a key factor in Asian investment psychology, with the Dow Jones Industrial Average falling more than 498 points, or 1.07%, to close at 46,091.74 last night. The S&P 500 fell 0.83% for the fourth consecutive day, and the Nasdaq Composite fell 1.21% to close at 22,432.85, marking its fifth straight day of decline in the last six days, reflecting ongoing selling pressure in the tech sector. Bitcoin also temporarily dipped below $90,000, indicating that investment in risky assets continues to slow.

refer : cnbc.com/2025

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