--- title: "\"Asian Stocks\" Asia-Pacific stock markets generally retrace, with stocks in Japan and South Korea softening while Indian stock markets rise" type: "News" locale: "en" url: "https://longbridge.com/en/news/283092465.md" description: "The Asia-Pacific stock markets generally retreated, with the stock markets in Taiwan, Japan, and South Korea softening, while the Indian stock market rose. The Shanghai Composite Index fell by 0.3%, and the Shenzhen Component Index rose by 0.3%; the Hong Kong Hang Seng Index dropped by 1.3%; the Taiwan Weighted Index fell by 0.9%. Japan's Nikkei Index declined by 1%, and South Korea's Composite Stock Price Index decreased by 0.5%. India's Nifty 50 Index rose by 0.3%. The Australian and New Zealand stock markets experienced slight declines, and the Singapore Straits Times Index edged down. Jardine Matheson plans to acquire ParknShop, a subsidiary of CK Hutchison, which may merge with Wellcome" datetime: "2026-04-17T04:50:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283092465.md) - [en](https://longbridge.com/en/news/283092465.md) - [zh-HK](https://longbridge.com/zh-HK/news/283092465.md) --- # "Asian Stocks" Asia-Pacific stock markets generally retrace, with stocks in Japan and South Korea softening while Indian stock markets rise U.S. President Trump stated that Iran has agreed to hand over enriched uranium, and the U.S. and Iran are very close to reaching an agreement. The Asia-Pacific stock markets generally retreated. The People's Bank of China conducted a seven-day reverse repurchase operation in the open market, with a net withdrawal of 1.5 billion yuan in a single day. The Shanghai Composite Index closed at 4,043 points, down 12 points or 0.3%; the Shenzhen Component Index closed at 14,845 points, up 49 points or 0.3%. The Hong Kong Hang Seng Index fell 347 points or 1.3% to 26,046 points, with a turnover of 126.1 billion yuan. The Taiwan Weighted Index fell 342 points or 0.9% to 36,828 points. TSMC fell 2.2%, MediaTek and Delta Electronics rose 1.1% and 0.3%, while ASE Technology and Hon Hai fell 0.9% and 1.5%. The Japanese Nikkei Average fell 583 points or 1% to 58,935 points. SoftBank and Tokyo Electron fell 2.7% and 3%, while Seiko and Kioxia fell 8.4% and 8.1%. South Korea's KOSPI fell 32 points or 0.5% to 6,193 points. SK Hynix and Doosan Enerbility fell 2.3%, Hanwha Aerospace fell 5.9%, and Samsung Electronics fell 0.9%. India's Nifty 50 Index rose 68 points or 0.3% to 24,265 points. Consumer stocks performed well, with Hindustan Unilever and Tata Consumer Products rising 2.9% and 2%, and automotive stocks like Geely and Suzuki rising 2.1%. The Australian S&P/ASX 200 Index fell 20 points or 0.2% to 8,934 points. Bank stocks Westpac and National Australia Bank fell 1% and 2.3%. The New Zealand Exchange 50 Index fell 98 points or 0.8% to 12,967 points. The Singapore Straits Times Index fell 11 points or 0.2% to 4,996 points. Singapore Telecommunications and Singapore Airlines fell 1% and 0.9%, while chip testing company ASE Technology rose 2.7%. It was reported that Jardine Matheson plans to acquire Dairy Farm (00001.HK) and may merge with Wellcome, while Dairy Farm fell 0.5% and Jardine Matheson Holdings fell over 1%. In other Southeast Asian stock markets, Malaysia and Indonesia rose 0.1% and 0.3%, while Thailand and the Philippines fell 0.8% and 0.5%. 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