Nikkei at Fresh High

Aug 13, 2025 - 11:00
Nikkei at Fresh High

Asia-Pacific markets mostly closed higher, tracking gains on Wall Street after the latest U.S. inflation data raised expectations that the Federal Reserve could cut interest rates next month.

In Japan, the Nikkei popped 556.50 points, or 1.3%, to 43,274.67.

Among the index’s top movers were Yokohama Rubber, which gained 10% and Renesas Electronics, which rose over 7%. Tokyo Electric Power Company Holdings jumped 5.3%.

In Hong Kong, the Hang Seng raced higher 643.99 points, or 2.6%, to 25,613.67.

The top performer on the index was Tencent Music Entertainment, which surged over 14%.

Other top movers included Sunny Optical Technology Group, which rose more than 5%. Bilibili jumped 4.8%, while Alibaba traded 4.5% higher.

In other markets

In Shanghai, the CSI 300 gained 32.75 points, or 0.8%, to 4,176.58

In Korea, the Kospi index regained 34.46 points, or 1.1%, to 3,224.37

In Singapore, the Straits Times index surged 52.04 points, or 1.2%, to 4,272.76.

In Taiwan, the Taiex index hiked 211.66 points, or 0.9%, to 24,370.02.

In New Zealand, the NZX 50 edged higher 6.86 points, or 0.1%, to 12,766.54

In Australia, the ASX 200 lost 53.69 points, or 0.6%, to 8,827.11