Asian stock markets closed mixed! Japan and South Korea rebounded on tech stocks, while China gained strongly, but Hong Kong closed lower.

Asian stock markets closed mixed today (July 9, 2569), with Japan and South Korea rising driven by technology stocks. Chinese markets surged on broad buying spree, while Hong Kong closed lower amid continued investor concerns over escalating tensions between the US and Iran, a factor pressuring global investment sentiment.

Japanese stock market

The Nikkei index closed higher, driven by renewed buying in technology and semiconductor stocks. Strong gains in Tokyo Electron and Advantest supported the market, although investors remained closely watching tensions in the Middle East and the direction of oil prices.

• The Nikkei index closed at 67,743.85 points, surging 924.80 points or +1.38%.

Chinese stock market

The Shanghai Composite Index rose sharply, driven by buying in large-cap stocks, as investors eased some concerns about the geopolitical situation and bought domestic stocks, resulting in a significantly positive close.

• The Shanghai Composite Index closed at 4,036.59 points, up 65.71 points or +1.65%.

Hong Kong Stock Market

The Hang Seng Index closed lower due to profit-taking in the late trading session, even though some Chinese stock sectors performed well. Investors remained cautious amid uncertainty surrounding the US-Iran situation and its impact on the global economy.

• The Hang Seng Index closed at 24,030.18 points, down 169.28 points or -0.70%.

South Korean stock market

The KOSPI index closed higher, driven by buying in technology stocks. Rises in Samsung Electronics and SK Hynix supported the index, despite continued trading volatility due to geopolitical concerns and energy price outlook.

• The South Korean stock market composite index closed at 7,291.91 points, up 45.12 points or 0.62%.

refer : www.cnbc.com

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