Relative Calm on Trade Tensions Lifts Asian Stock Markets

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06:38 AM EDT, 04/15/2025 (MT Newswires) -- Asian stock markets largely gained on Tuesday, as traders weighed evolving US and China trade policies and looked for relative values after recent sell-offs.

Hong Kong, Shanghai and Tokyo finished in the green, as did most other regional exchanges. Trading floors in Bangkok were closed on holiday.

In Japan, the Nikkei 225 opened higher on Wall Street cues and held ground, finishing up 0.8% on prospects for moderation in Trump Administration tariffs on Japanese imposts.

The benchmark Nikkei 225 rose 285.18 to 34,267.54, as gaining issues outnumbered losers 145 to 77.

Leading the upside was industrial-automation enterprise Yokogawa Electric, up 7.4%, while personal-products house Shiseido declined 5.9%.

In Hong Kong, the Hang Seng Index opened evenly, waffled, but finished up 0.2% as traders gauged unfolding media reports on trade tensions.

The broad gauge Hang Seng rose 48.87 to 21,466.27, although losing issues outnumbered gainers 39 to 38. The Hang Seng TECH Index lost 0.7% on the day, while the Mainland Properties Index also fell 0.7%.

Leading the upside was New Oriental Education & Technology, gaining 3.7%, while Semiconductor Manufacturing International declined 4.5%.

On the mainland, the Shanghai Composite rose 0.2% to 3,267.66.

On the other regional exchanges, the S. Korean KOSPI rose 0.9%; the Taiwan TWSE inclined 1.8%; the Australian ASX 200 inclined 0.2%; the Singapore Straits Times Index rose 2.1%. In late trading in Mumbai, the Sensex was up 2.1%.

In economic news, India's WPI rose 2.05% on year in March, and declined 0.19% from February, reported the Ministry of Commerce & Industry (MCI).

India, China, and Japan could see gross domestic product (GDP) expansion slip by 0.2% to 0.4% from previous estimates, if the US implements the recently announced reciprocal tariffs, S&P Global Ratings said.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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