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Asian markets end mostly higher on Thursday

09 Jul 2026 Evaluate
Asian markets ended mostly higher on Thursday after Brent crude prices fell below $78 a barrel, following US President Donald Trump's statement that he expects the military flare-up to end very quickly and that the United States is not looking for a long-term war. Japanese shares climbed on the back of a robust rally in AI-related tech stocks, which tracked overnight gains in the US technology sector. South Korean chipmaker SK Hynix’s US listing was more than seven times oversubscribed, highlighting strong demand for artificial intelligence infrastructure. Chinese shares gained after the release of mixed inflation data reinforced hopes for additional policy support from Beijing. Data showed China's annual inflation rate eased to 1% year-on-year in June from 1.2% in May, while producer prices accelerated to 4.1%. Although some gains were limited as the latest FOMC Minutes showed that the Federal Reserve officials are still more concerned about inflation persistence than about slowing growth.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

4,036.59

65.71

1.65

Hang Seng

24,030.18

-169.28

-0.70

Jakarta Composite

5,912.44

39.07

0.66

KLSE Composite

1,677.64

-5.97

-0.35

Nikkei 225

67,743.85

924.80

1.38

Straits Times

5,433.88

64.31

1.20

KOSPI Composite

7,291.91

45.12

0.62

Taiwan Weighted

45,354.61

-379.80

-0.83