Asian equity markets ended Thursday’s session on a broadly positive note, with major benchmarks across the region climbing as investors weighed global economic trends, local earnings reports, and currency movements. Despite mixed signals in currency markets, stocks rallied, suggesting improved investor sentiment across Asia.

Hong Kong and Shanghai Lead Gains

The Hang Seng Index in Hong Kong advanced 1.43% to close at 25,417.98, supported by strength in technology and property stocks. Investor confidence was lifted by expectations of continued policy support from Beijing, as Chinese regulators signal further measures to stabilize growth.

On the mainland, the Shanghai Composite (000001.SS) gained 1.24%, closing at 3,812.51. Market optimism was fueled by stronger-than-expected services PMI data, reflecting resilience in China’s domestic demand.

Japan and South Korea Record Modest Advances

In Tokyo, the Nikkei 225 added 1.03%, settling at 43,018.75, as exporters benefited from a softer yen. Automakers and technology shares were among the session’s top performers. Meanwhile, the KOSPI Composite Index in Seoul edged higher by 0.13% to 3,205.12, though gains were capped by weakness in semiconductor names amid cautious global demand forecasts.

Australia and India End Mixed

Australia’s S&P/ASX 200 (XJO) rose 0.51% to 8,871.20, driven by energy and mining stocks as commodity prices remained firm. The country’s banking sector also contributed positively following a rebound in credit growth data.

In contrast, India’s S&P BSE Sensex closed nearly flat, adding only 0.01% to finish at 80,722.62. Investors remained on the sidelines ahead of key inflation data due later this week, with banking and IT shares showing limited movement.

Currency Moves Reflect Investor Caution

Currency markets offered a more cautious outlook. The Japanese Yen Index slipped 0.32% to 67.33, reflecting continued pressure from monetary policy divergence between Japan and the U.S. Similarly, the Australian Dollar Index weakened 0.36% to 65.17, weighed down by concerns over global demand and commodity trade dynamics.

Outlook

Overall, today’s session highlighted renewed confidence in Asian equities, even as currency volatility underscored investor caution. Market participants will continue to monitor upcoming U.S. employment data and central bank commentary for cues on global monetary policy direction.

With broad gains led by Hong Kong, Shanghai, and Tokyo, Asia’s trading day closed on a positive note, reinforcing the region’s resilience amid shifting global conditions.