Thursday, 30 October 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Asia-Pacific markets mixed as China services activity expands at highest rate in seven months
Monday, 6 January 2025 09:33 WIB | MARKET UPDATE |SahamChina

Asia-Pacific markets were mixed on Monday as investors assessed business activity figures from several key economies in the region.

China's Caixin services purchasing managers' index from S&P Global rose to 52.2 in December, which marked the service sector's fastest expansion since May 2024. China's central bank said over the weekend it would implement a "moderately loose" monetary policy in 2025 as it seeks to boost growth.

Separately, Hong Kong's PMI declined in December compared to the month before. December PMI figures for India will also be released Monday.
Hong Kong's Hang Seng index opened higher after the PMI reading, before falling 0.2%, while mainland China's CSI 300 also lost 0.19%.

Japan's benchmark Nikkei 225 shed 1.12%, leading losses in Asia, while the broad-based Topix fell 0.82%.

South Korea's Kospi was up 1.47%, while the small-cap Kosdaq was 1.08% higher.

Political uncertainty continues to grip the country, with the country's head of presidential security service reportedly saying over the weekend he could not comply with efforts to arrest impeached president Yoon Suk Yeol.

A bid to arrest Yoon on grounds of insurrection last Friday failed after investigators were locked in a stand-off with presidential security officials.

Australia's S&P/ASX 200 pared gains to trade just above the flatline.(Cay) Newsmaker23

Source: CNBC

RELATED NEWS
Asian Markets Uncertain, Powell Dampens Rate Cut Euphoria ...
Thursday, 30 October 2025 07:52 WIB

Asian stocks were mixed on Thursday after Fed Chairman Jerome Powell emphasized that a December interest rate cut was not a certainty. The region's benchmark indexes were virtually unchanged, while US...

S&P 500 ends just lower after Fed cools bets on Dec. rate cut...
Thursday, 30 October 2025 04:55 WIB

The S&P 500 closed lower Wednesday after easing from intraday record high as the Federal Reserve cut interest rates, though cooled expectations about the certainty of further rate cuts ahead. The...

European Stocks See Slight Correction!...
Wednesday, 29 October 2025 15:01 WIB

European stocks weakened slightly on Wednesday (October 29, 2025), after several consecutive days of record highs. The STOXX 600 index fell by around -0.3% to 576 points, while the STOXX 50 also corre...

Asian Stocks Gain on AI, Now Awaiting the Fed ...
Wednesday, 29 October 2025 07:34 WIB

Asian stock markets opened higher on Wednesday (October 29th), buoyed by positive sentiment from Wall Street. Investors are confident that the artificial intelligence (AI) trend can continue to drive ...

European Stocks Ease from Records...
Wednesday, 29 October 2025 01:42 WIB

European stocks closed slightly lower on Tuesday after reaching record peaks on the previous session on mixed earnings results, while markets continued to assess the outlook on global trade and Europe...

LATEST NEWS
Silver Holds Strength, But Challenges Await

Silver prices on October 30, 2025, showed stable movement despite market uncertainty. After several days of pressure, silver managed to recover slightly, moving around $23.50 per ounce this morning. The strengthening US dollar, driven by hawkish...

Hang Seng Rises: Fed & Xi–Trump Effect?

The Hang Seng Index rose 0.4% to 26,455.74 on Thursday (October 30th), marking a three-week high. The rise was driven by expectations of a deal at the Xi–Trump meeting and positive sentiment after the Fed cut interest rates by 25 basis points and...

Silver Moves Sideways, Awaits Fed Signals

Silver prices are trading in the $46-$48/oz range with high volatility. The two driving forces remain the same: safe-haven sentiment (global uncertainty + Fed rate cut expectations) and industrial demand (solar/electrification), which maintains...

POPULAR NEWS
Asian Stocks Gain on AI, Now Awaiting the Fed
Wednesday, 29 October 2025 07:34 WIB

Asian stock markets opened higher on Wednesday (October 29th), buoyed by positive sentiment from Wall Street. Investors are confident that the...

Is Europe Still Bullish or Starting to Be Cautious?
Tuesday, 28 October 2025 14:50 WIB

The European session on Tuesday, October 28, 2025, opened on a more cautious note. After consecutive rallies and a new record on the STOXX 600...

Europe Rallies Again, But Will It Sustain?
Monday, 27 October 2025 14:57 WIB

European stocks continued to strengthen on Monday, October 27, 2025, as markets grew more confident after the US and China announced they had a...

European Stocks See Slight Correction!
Wednesday, 29 October 2025 15:01 WIB

European stocks weakened slightly on Wednesday (October 29, 2025), after several consecutive days of record highs. The STOXX 600 index fell by...