East Asian markets upbeat before Trump's arrival next week

By Lee Jung-woo Posted : October 24, 2025, 16:54 Updated : October 24, 2025, 16:54
Graphics by AJP Song Ji-yoon
Graphics by AJP Song Ji-yoon
SEOUL, October 24 (AJP) - Asian markets ended mostly higher Friday on optimism surrounding U.S. President Donald Trump’s upcoming Asian tour, which includes back-to-back summits with leaders of South Korea, China, and Japan.

In Seoul, the KOSPI climbed 2.0 percent to close at 3,921.52, reclaiming the 3,900 threshold as chip bellwethers Samsung Electronics and SK hynix extended gains.
Japan’s Nikkei 225 advanced 1.3 percent to 49,282.19, supported by expectations of renewed fiscal stimulus from Tokyo. Hong Kong’s Hang Seng Index added 0.7 percent to 25,967.98, buoyed by strength in property and industrial shares.
China’s Shanghai Composite Index edged up 0.2 percent to 3,922.41, as investors looked past lingering concerns about U.S. export curbs on advanced chip technology.

Elsewhere in Asia, sentiment was more mixed.
In India, both benchmarks eased — the BSE Sensex slipped 0.3 percent to 84,301, and the NSE Nifty 50 fell 0.3 percent to 25,817 — weighed down by weakness in banking and FMCG stocks such as Hindustan Unilever and Kotak Bank. Traders cited anxiety over a possible new U.S. trade probe into China and rising crude prices that could stoke inflation.

In Southeast Asia, Indonesia’s Jakarta Composite Index gained 0.5 percent to 8,312.57, driven by foreign buying in mining and consumer shares. Malaysia’s KLCI inched up 0.2 percent to 1,611.53, reversing early losses as bargain hunters supported industrial and utility counters. Singapore’s Straits Times Index rose 0.5 percent to 4,416.27.

Taiwan’s TAIEX eased 0.4 percent to 24,388.21 on mild profit-taking in chipmakers, while Vietnam’s VN-Index continued its ascent, adding 0.8 percent to 969.2, led by property developers.
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