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Asian Stocks Edge Higher Amid Thin Holiday Trading With Most Markets Closed

Business Standard

|

April 19, 2025

Asian stocks notched up small gains as investors largely adopted a wait-and-watch approach on tariff negotiations before taking long-term bets.

- BLOOMBERG

The Nikkei-225 gauge in Japan advanced 1 per cent. Shares in mainland China were little changed, paring earlier losses that were caused by a US plan to impose levies on Chinese vessels docking at its ports. The New Zealand dollar extended a decline from a five-month high. Most of the other markets in the region were shut for the Good Friday holiday.

Traders are focused more on developments in country-specific discussions, seeking clues on how the tariffs will pan out. After the "big progress" in the Japan-US talks, President Donald Trump said he's "very confident" of a deal with the European Union. Questions surround the status of China talks after Beijing indicated it has several conditions for agreeing to talks with the administration.

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