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Asian markets open mixed amid trade policy uncertainty, influencing European and U.S. sentiment

2025/04/30/07:26
in Asia
Reading Time: 1 min read
239 16
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Asian shares extend losses after Wall Street decline

Currency traders stand near the screens showing the foreign exchange rates at a foreign exchange dealing room in Seoul, South Korea, Thursday, Dec. 29, 2022

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Asian stock markets opened with mixed results today, reflecting investor caution amid ongoing uncertainties surrounding U.S. trade policies and global economic indicators. The Nikkei 225 in Tokyo edged up by 0.24% to 35,925.65, while Hong Kong’s Hang Seng Index saw a modest increase of 0.11% to 22,033.28. Conversely, China’s Shanghai Composite Index experienced a slight decline of 0.10% to 3,283.22.
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These movements come in the wake of recent volatility triggered by U.S. President Donald Trump’s announcement of sweeping tariffs on imports, which have sent ripples through global markets. The initial shock led to significant downturns, with the Nikkei 225 previously dropping 2.8% and the Hang Seng plunging 13.2%, marking its steepest fall since the 1997 Asian financial crisis.
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European markets have mirrored this volatility. Following the tariff announcements, major indices such as Germany’s DAX and France’s CAC 40 experienced declines of 5.8%, while the UK’s FTSE 100 fell by 4.9%.
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