Equity Alert
Asian mkts mixed; Trump's call on US-China tariff truce awaited
This story was originally published at 08:19 IST on 30 July 2025
Register to read our real-time news.Informist, Wednesday, Jul. 30, 2025 Tel +91 (22) 6985-4000
Equity Alert: Asian mkts mixed; Trump's call on US-China tariff truce awaited
MUMBAI--0805 IST--Asian equity indices were mixed on Wednesday, with South Korea's Kospi leading the gains. Indices in Hong Kong and Singapore were in negative territory in early trade. Investors in the region await a decision by US President Donald Trump on whether the tariff truce with China will be extended as the two-day talks between both the sides in Stockholm ended without a breakthrough.
At 0804 IST, China's CSI 300 was up 0.4%. US and Chinese officials had held trade talks as the deadline of Aug. 12 for the tariff truce approaches. Trump "has final say on all the trade deals" and the pending tariff truce, Treasury Secretary Scott Bessent was quoted as saying in a CNBC report. Hong Kong's Hang Seng was down 0.4%.
Meanwhile in Australia, headline inflation in Apr-Jun slipped to its lowest point since March 2021. Inflation for the quarter declined to 2.1% from 2.4% during year-ago quarter. This was lower than the 2.2% expected in a Reuters poll, and is almost near the lower band of the 2-3% target set by the Reserve Bank of Australia. The country's benchmark index S&P ASX 200 index was up 0.6%.
Among other indices, South Korea's Kospi was up 0.6%. Japan's Nikkei 225 was marginally lower while Topix was 0.3% higher. FTSE Singapore Straits Times was a tad down. The Monetary Authority of Singapore held interest rates steady, citing uncertainty on trade-related concerns around the Trump administration.
Following are the levels of key Asian indices at 0804 IST:
|
INDEX |
LEVEL |
CHANGE IN % |
|
CSI 300 Index |
4169.9278 | 0.43 |
|
Hang Seng Index |
25420.22 | -0.41 |
|
Nikkei 225 Day |
40664.56 | -0.02 |
|
TOPIX FIRST SECTION |
2916.51 | 0.27 |
|
KOSPI |
3250.91 | 0.63 |
|
FTSE Singapore Straits Times |
4224.3 | -0.12 |
|
S&P/ASX 200 Index |
8760.7 | 0.64 |
(Gopika Balasubramanium)
Equity Alert: US mkt ends down; FOMC outcome, Microsoft, Amazon results eyed
MUMBAI--0740 IST--US equity indices closed slightly lower Tuesday ahead of policy decision from the Federal Reserve, which is due late Wednesday. Sentiment was also weak due to some disappointing corporate earnings. S&P 500 snapped the six-day streak of ending at record highs.
Traders will also keep an eye on whether the US and China will come to a win-win conclusion with respective tariffs as talks between both in Stockholm ended without major announcement. US President Donald Trump is to take the final call on whether the tariff truce for China will be extended, various media reports said. The trade truce between both the countries will end on Aug. 12.
The S&P 500 index ended at 6370.86, down 18.91 points or 0.3%, and snapped six-day winning streak. The Nasdaq Composite closed at 21098.291, down 80.293 points or 0.4%. Both the indices have closed at record highs in several sessions recently. The Dow Jones Industrial Average closed 0.5% lower.
Among stocks, Boeing ended over 4% lower despite its net loss for the June quarter narrowing. UnitedHealth dropped 7.5?ter its profit guidance disappointed the Wall Street. Merck closed down 1.7?ter it said it was extending its pause on shipments of HPV vaccine Gardasil to China at least till 2025 due to persistent weakness in demand for the drug.
"Earnings have been a bit of a mix. Economic data has been somewhat mixed too, but not enough to move the needle in terms of the Fed," Reuters quoted Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York, as saying. "The next two days, you have Microsoft, Meta, Apple, Amazon - those are big companies, and they will move markets depending on how the earnings are and how the outlooks are."
Following are the closing levels of US indices Wednesday:
| INDEX | LAST LEVEL | CHANGE IN % |
| Dow Jones Industrial Average | 44632.99 | (-)0.46 |
| NASDAQ Composite | 21098.29 | (-)0.38 |
| S&P 500 | 6370.86 | (-)0.3 |
(Gopika Balasubramanium)
End
US$1 = INR 86.81
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Edited by Avishek Dutta
All prices from National Stock Exchange, unless otherwise specified.
All percentage changes for share prices are rounded off to the nearest whole number; percentage changes for index values are rounded off to one decimal place.
All times are Indian Standard Time.
NSE: National Stock Exchange
NYSE: New York Stock Exchange
NYMEX: New York Mercantile Exchange
SEBI: Securities and Exchange Board of India
RBI: Reserve Bank of India
Internet links:
Securities and Exchange Board of India - http://www.sebi.gov.in
Bombay Stock Exchange - http://www.bseindia.com
National Stock Exchange of India - http://www.nseindia.com
Directory of Indian government websites - http://goidirectory.nic.in
Indian Ministry of Finance - http://www.finmin.nic.in
Reserve Bank of India - http://rbi.org.in
Controller General of Accounts, Government of India - http://www.cga.nic.in
Government's Press Information Bureau - http://www.pib.nic.in
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2025. All rights reserved.
To read more please subscribe
Share this Story:
