Asian markets settled mostly higher on Friday, tracking Wall Street’s overnight gains, with technology stocks led the surge following reports that SK Hynix and Intel are in early talks to produce memory chips at Intel's idle Ohio complex in the United States. Moreover, lower Brent crude prices eased inflation concerns and boosted market sentiment. Japan’s Nikkei climbed and the Japanese yen weakened after the Bank of Japan raised its benchmark interest rate by 25 basis points to 1.25%, its highest level since 1995. Further, Chinese and Hong Kong markets rose as investors remained optimistic about the upcoming meeting between U.S. President Donald Trump and Chinese President Xi Jinping on September 24, 2026.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,911.87 | 36.27 | 0.94 |
Hang Seng | 24,750.78 | 146.49 | 0.60 |
Jakarta Composite | 6,441.16 | -21.27 | -0.33 |
KLSE Composite | 1,665.56 | -9.18 | -0.55 |
Nikkei 225 | 65,018.95 | 882.70 | 1.38 |
Straits Times | 5,656.11 | -4.41 | -0.08 |
KOSPI Composite | 6,894.23 | 178.82 | 2.66 |
Taiwan Weighted | 47,180.75 | 892.75 | 1.93 |
