Equity Alert
Asian indices mixed in early trade; Nikkei, Kospi fall
This story was originally published at 07:54 IST on 29 August 2025
Register to read our real-time news.Informist, Friday, Aug. 29, 2025 Tel +91 (22) 6985-4000
Equity Alert: Asian indices mixed in early trade; Nikkei, Kospi fall
MUMBAI--0742 IST--Asian equity indices were mixed in early trade Friday, with those in China, Hong Kong, and Singapore in positive territory. Investors in the region will track US Personal Consumption Expenditures later in the day, an important factor which will have a bearing on the US Federal Reserve's monetary policy trajectory.
At 0738 IST, Japan's Nikkei 225 and the Topix were down 0.4?ch. Core consumer prices in Tokyo rose at a slower pace in August. The Tokyo core CPI, which strips out fresh food but includes energy, rose 2.5% in August from a year earlier, CNBC reported, in line with Reuters forecasts. The print for August also eased from July's 2.9% rise, CNBC reported. The figure was, however, above the Bank of Japan's 2% target. Japan's unemployment rate eased to 2.3% in July from 2.5% June, the report said.
Meanwhile, South Korea's KOSPI broke a two-day winning run. The index had opened higher but gave up all the gains and at 0738 IST, was down 0.2% at 3190.28 points. Australia's S&P 200 ASX was down 0.2%. On the other hand, China's CSI 300 and Hong Kong's Hang Seng were up 0.4?ch.
Following were the levels of key Asian indices at 0738 IST:
|
INDEX |
LEVEL |
CHANGE IN % |
|
CSI 300 Index |
4484.2747 | 0.46 |
|
Hang Seng Index |
25109.78 | 0.44 |
|
Nikkei 225 Day |
42665.13 | -0.38 |
|
TOPIX FIRST SECTION |
3077.26 | -0.41 |
|
KOSPI |
3190.28 | -0.19 |
|
FTSE Singapore Strait Times |
4268.18 | 0.34 |
|
S&P/ASX 200 Index |
8960.3 | -0.22 |
(Gopika Balasubramanium)
Equity Alert: Dow, S&P 500 close at record highs Thu; chipmakers gain
MUMBAI--0715 IST--US equity indices closed higher on Thursday despite chipmaker Nvidia's earnings falling short of expectations, after it was affirmed that spending related to artificial intelligence remained intact. Though Nvidia ended the session a bit lower, other chipmakers cheered the positive outlook. The Dow Jones Industrial Average and the S&P 500 closed at record highs for the second straight session. Further, the weekly jobless claims data came in lower than expected, allaying fears of a slowing economy and another seperate report showed the profits of American corporates rebounded in the quarter ended June.
Investors viewed Nvidia's earnings for the June quarter, which showed a 56% surge in quarterly revenue, as confirmation of demand related to AI technology being strong. Sentiment around the sector turned positive and other AI heavyweights gained, with Alphabet and Amazon up 2% and 1%, respectively. Chipmaker Broadcom rose almost 3%.
The Dow Jones Industrial Average ended Thursday's session slightly higher at 45636.90 points, a record high. Similarly, the S&P 500 also notched a closing high and ended at 6501.86 points, up 0.3%. The Nasdaq Composite rose for the third straight day and closed 0.5% higher at 21705.158 points.
On Friday, investors will focus on Personal Consumption Expenditures, the US Federal's Reserve's preferred inflation yardstick. Any signs of inflation increasing could affect broad expectations for easing at the US Federal Reserve's monetary policy meeting in September. Traders anticipate a more than an 80% chance of a federal funds rate cut next month, as per CME FedWatch Tool.
Following are the closing levels of US indices overnight:
| INDEX | LAST LEVEL | CHANGE IN % |
| Dow Jones Industrial Average | 45636.9 | 0.16 |
| NASDAQ Composite | 21705.16 | 0.53 |
| S&P 500 | 6501.86 | 0.32 |
(Gopika Balasubramanium)
US$1 = INR 87.62
End
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
