Asia Mostly Down After U.S. Indexes Decline
Asia-Pacific markets mostly fell Friday, after two of the three key benchmarks on Wall Street gave back gains and closed lower.
In Japan, the Nikkei 225 spiked 781.33 points, or 1.9%, to 41,820.48. Shares of SoftBank Group hit a fresh record after better-than-expected quarterly earnings
In Hong Kong, the Hang Seng sagged 222.81 points, or 0.9%, to 24,858.82.
Shares of Toyota Motor pared earlier gains to end the day 3.47% higher Friday, following its first-fiscal quarter earnings announcement on Thursday.
The Japanese automaker’s net income attributable to the company fell 37% 841.3 billion yen ($5.71 billion U.S.).
The company revised its full-year operating income forecast down by 600 billion yen to 3.2 trillion yen for its financial year ending in March 2026.
In other markets
In Shanghai, the CSI 300 slid 9.7 points, or 0.2%, to 4,104.97
In Korea, the Kospi index lost 17.67 points, or 0.6%, to 3,210.01
In Singapore, the Straits Times index backtracked 18.32 points, or 0.4%, to 4,239.83.
In Taiwan, the Taiex index edged up 17.49 points, or 0.1%, to 24,021.26.
In New Zealand, the NZX 50 ditched 42.47 points, or 0.3%, to 12,844.63.
In Australia, the ASX 200 subtracted 24.26 points, or 0.3%, to 8,807.12.
