Indonesia Stocks Inch Higher to Begin the Week

Indonesia’s IDX Composite edged up 17 points or 0.2% to 8,680 in early trade on Monday, swinging from the prior session’s weakness amid gains in consumer durables, healthcare, and commercial services.

A sharp rise in U.S. futures lifted sentiment after a subdued close on Wall Street Friday, as investors positioned ahead of delayed U.S. economic data.

On the domestic front, retail indicators signaled firmer spending momentum heading into the year-end holiday period.

However, strength was capped by caution ahead of Bank Indonesia’s final policy meeting later this week, even as the central bank is widely expected to keep rates unchanged for a third straight meeting.

In top trading partner China, November figures showed industrial output grew at its slowest pace in 15 months, and retail sales rose at a near three-year low, amid external and domestic headwinds.

Among early movers were Merdeka Gold Resources (11.0%), Kalbe Farma (3.9%), Bumi Resources (2.7%), and Indosat (2.5%).

Hong Kong equities fell 228 points, or 0.9%, to 25,746 in early trade on Monday, reversing gains from the prior session as broad-based losses swept across most sectors.

Sentiment weakened after fresh data signaled a loss of momentum in China’s economy, with November industrial output rising the least in 15 months and retail sales growth easing to near a three-year low.

China’s statistics agency acknowledged that growth remains under pressure from weak external conditions and persistently weak demand.

Still, downside pressure was capped by a rebound in U.S. futures after Wall Street retreated from record highs Friday, as investors awaited key data and a series of central bank decisions.

Further support came from policy signals after China’s leaders last week pledged to maintain a proactive fiscal stance in 2026 to bolster consumption, investment, and overall growth.

Among early laggards were Nongfu Spring (-3.0%), Xiaomi Corp. (-2.0%), SMIC (-1.9%), and Tencent Holdings (-1.5%).

Hong Kong equities fell 228 points, or 0.9%, to 25,746 in early trade on Monday, reversing gains from the prior session as broad-based losses swept across most sectors.

Sentiment weakened after fresh data signaled a loss of momentum in China’s economy, with November industrial output rising the least in 15 months and retail sales growth easing to near a three-year low.

China’s statistics agency acknowledged that growth remains under pressure from weak external conditions and persistently weak demand.

Still, downside pressure was capped by a rebound in U.S. futures after Wall Street retreated from record highs Friday, as investors awaited key data and a series of central bank decisions.

Further support came from policy signals after China’s leaders last week pledged to maintain a proactive fiscal stance in 2026 to bolster consumption, investment, and overall growth.

Among early laggards were Nongfu Spring (-3.0%), Xiaomi Corp. (-2.0%), SMIC (-1.9%), and Tencent Holdings (-1.5%).

CANBERA (dpa-AFX) - Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, dragged by tumbling technology stocks fueled by losses on the tech-heavy Nasdaq, which saw heavy selling among the technology stocks on renewed concerns over lofty valuations. Renewed pessimism over the outlook for interest rates is also weighing on the markets. Asian markets closed mostly higher on Friday.

The Australian stock market is notably lower on Monday, extending the sharp gains in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,650.00 level, with weakness in mining and energy stocks amid tumbling commodity prices.

The benchmark S&P/ASX 200 Index is losing 50.30 points or 0.58 percent to 8,647.00, after hitting a low of 8,623.90 earlier. The broader All Ordinaries Index is down 47.60 points or 0.53 percent to 8,935.70. Australian stocks closed sharply higher on Friday.

Among the major miners, BHP Group is declining almost 3 percent, Rio Tinto is losing almost 2 percent and Fortescue is down almost 1 percent, while Mineral Resources is gaining almost 1 percent.

Oil stocks are mostly lower. Santos is edging down 0.5 percent, while Woodside Energy and Origin Energy are losing almost 1 percent each. Beach energy is flat.

Among tech stocks, Afterpay owner Block is gaining almost 2 percent and Appen is advancing almost 3 percent, while Xero, Zip and WiseTech Global are losing more than 1 percent each.

Gold miners are mostly lower. Northern Star Resources is slipping almost 2 percent and Genesis Minerals is declining more than 3 percent, while Evolution Mining, Resolute Mining and Newmont are losing more than 2 percent each.

Among the big four banks, Westpac is edging up 0.2 percent and ANZ Banking is gaining more than 1 percent, while Commonwealth Bank is losing almost 1 percent. National Australia Bank is flat.

In the currency market, the Aussie dollar is trading at $0.665 on Monday.

The Japanese stock market is trading sharply lower on Monday, reversing the gains in the previous session, following the broadly negative cues from Wall Street on Friday, with the Nikkei 225 falling below the 50,100 level, with weakness in exporters and technology stocks partially offset by gaining in automakers and financial stocks.

The benchmark Nikkei 225 Index closed the morning session at 50,092.10, down 744.45 points or 1.46 percent, after hitting a low of 50,061.42 earlier. Japanese shares ended sharply higher on Friday.

Market heavyweight SoftBank Group is tumbling more than 6 percent, while Uniqlo operator Fast Retailing is edging up 0.4 percent. Among automakers, Honda is edging up 0.2 percent and Toyota is also edging up 0.3 percent.

In the tech space, Advantest is tumbling almost 6 percent, Screen Holdings is losing more than 1 percent and Tokyo Electron is edging down 0.4 percent.

In the banking sector, Sumitomo Mitsui Financial is gaining more than 1 percent, Mitsubishi UFJ Financial is adding almost 1 percent and Mizuho Financial is advancing almost 2 percent.

The major exporters are mostly lower. Mitsubishi Electric is losing almost 1 percent, Panasonic is declining 1.5 percent and Sony is edging down 0.4 percent, while Canon is edging up 0.2 percent.

Among the other major losers, Japan Steel Works is tumbling almost 6 percent, while Ibiden and Socionext are declining more than 4 percent each. Nippon Steel is down almost 4 percent, while Fujikura, TDK, Sumitomo Metal Mining and Murata Manufacturing are losing more than 3 percent each. SMC, Sumco, Furukawa Electric, Hitachi and Ebara are slipping almost 3 percent each.

Conversely, Aeon is surging almost 6 percent and Sumitomo Pharma is advancing almost 4 percent, while East Japan Railway, Japan Exchange Group, Daiichi Sankyo, Astellas Pharma and Mercari are gaining more than 3 percent each. Nissan Motor is adding almost 3 percent.

In economic news, large manufacturing in Japan accelerated slightly in the fourth quarter of 2025, the Bank of Japan's quarterly Tankan Survey of business sentiment showed on Wednesday with a diffusion index score of +15. That was in line with forecasts and was up from +14 in the previous three months. The outlook also came in at +15, matching forecasts and up from +12 in the previous quarter.

The large non-manufacturers index came in at +34, beating forecasts for +33 and unchanged from Q2. The outlook was steady at +28. The small manufacturing index jumped to +6 from +1, while the outlook rose to +2 from -1.

The small non-manufacturing index ticked up to +15 from +14, while the outlook was steady at +10. Large industry capex is seen higher by 12.6 percent, up from 12.5 percent in Q3. Small industry capex was up 0.1 percent after sinking 2.3 percent in the three months prior.

In the currency market, the U.S. dollar is trading in the higher 155 yen-range on Monday.

Elsewhere in Asia, South Korea and Taiwan are down 1.4 and 1.1 percent, respectively. New Zealand, China, Hong Kong and Singapore are lower by between 0.1 and 0.9 percent each. Malaysia and Indonesia are up 0.2 and 0.1 percent, respectively.

On Wall Street, stocks showed a significant move to the downside during trading on Friday following the mixed performance seen during Thursday's session. The major averages all moved lower, with the tech-heavy Nasdaq showing a particularly steep drop.

The major averages ended the day off their worst levels of the session but still in negative territory. The Nasdaq plunged 398.69 points or 1.7 percent to 23,195.17 and the S&P 500 tumbled 73.59 points or 1.1 percent to 6,827.41.

The major European markets also moved to the downside over the course of the session. While the French CAC 40 Index dipped by 0.2 percent, the German DAX Index and the U.K.'s FTSE 100 Index fell by 0.5 percent and 0.6 percent, respectively.

Crude oil prices weakened on Friday as traders kept an eye on the latest developments in the ongoing Russia-Ukraine conflict and escalating tensions between the U.S. and Venezuela. West Texas Intermediate crude for January delivery fell $0.20 or 0.4 percent at $57.40 per barrel.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

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CANBERA (dpa-AFX) - Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, dragged by tumbling technology stocks fueled by losses on the tech-heavy Nasdaq, which saw heavy selling among the technology stocks on renewed concerns over lofty valuations. Renewed pessimism over the outlook for interest rates is also weighing on the markets. Asian markets closed mostly higher on Friday.

The Australian stock market is notably lower on Monday, extending the sharp gains in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,650.00 level, with weakness in mining and energy stocks amid tumbling commodity prices.

The benchmark S&P/ASX 200 Index is losing 50.30 points or 0.58 percent to 8,647.00, after hitting a low of 8,623.90 earlier. The broader All Ordinaries Index is down 47.60 points or 0.53 percent to 8,935.70. Australian stocks closed sharply higher on Friday.

Among the major miners, BHP Group is declining almost 3 percent, Rio Tinto is losing almost 2 percent and Fortescue is down almost 1 percent, while Mineral Resources is gaining almost 1 percent.

Oil stocks are mostly lower. Santos is edging down 0.5 percent, while Woodside Energy and Origin Energy are losing almost 1 percent each. Beach energy is flat.

Among tech stocks, Afterpay owner Block is gaining almost 2 percent and Appen is advancing almost 3 percent, while Xero, Zip and WiseTech Global are losing more than 1 percent each.

Gold miners are mostly lower. Northern Star Resources is slipping almost 2 percent and Genesis Minerals is declining more than 3 percent, while Evolution Mining, Resolute Mining and Newmont are losing more than 2 percent each.

Among the big four banks, Westpac is edging up 0.2 percent and ANZ Banking is gaining more than 1 percent, while Commonwealth Bank is losing almost 1 percent. National Australia Bank is flat.

In the currency market, the Aussie dollar is trading at $0.665 on Monday.

The Japanese stock market is trading sharply lower on Monday, reversing the gains in the previous session, following the broadly negative cues from Wall Street on Friday, with the Nikkei 225 falling below the 50,100 level, with weakness in exporters and technology stocks partially offset by gaining in automakers and financial stocks.

The benchmark Nikkei 225 Index closed the morning session at 50,092.10, down 744.45 points or 1.46 percent, after hitting a low of 50,061.42 earlier. Japanese shares ended sharply higher on Friday.

Market heavyweight SoftBank Group is tumbling more than 6 percent, while Uniqlo operator Fast Retailing is edging up 0.4 percent. Among automakers, Honda is edging up 0.2 percent and Toyota is also edging up 0.3 percent.

In the tech space, Advantest is tumbling almost 6 percent, Screen Holdings is losing more than 1 percent and Tokyo Electron is edging down 0.4 percent.

In the banking sector, Sumitomo Mitsui Financial is gaining more than 1 percent, Mitsubishi UFJ Financial is adding almost 1 percent and Mizuho Financial is advancing almost 2 percent.

The major exporters are mostly lower. Mitsubishi Electric is losing almost 1 percent, Panasonic is declining 1.5 percent and Sony is edging down 0.4 percent, while Canon is edging up 0.2 percent.

Among the other major losers, Japan Steel Works is tumbling almost 6 percent, while Ibiden and Socionext are declining more than 4 percent each. Nippon Steel is down almost 4 percent, while Fujikura, TDK, Sumitomo Metal Mining and Murata Manufacturing are losing more than 3 percent each. SMC, Sumco, Furukawa Electric, Hitachi and Ebara are slipping almost 3 percent each.

Conversely, Aeon is surging almost 6 percent and Sumitomo Pharma is advancing almost 4 percent, while East Japan Railway, Japan Exchange Group, Daiichi Sankyo, Astellas Pharma and Mercari are gaining more than 3 percent each. Nissan Motor is adding almost 3 percent.

In economic news, large manufacturing in Japan accelerated slightly in the fourth quarter of 2025, the Bank of Japan's quarterly Tankan Survey of business sentiment showed on Wednesday with a diffusion index score of +15. That was in line with forecasts and was up from +14 in the previous three months. The outlook also came in at +15, matching forecasts and up from +12 in the previous quarter.

The large non-manufacturers index came in at +34, beating forecasts for +33 and unchanged from Q2. The outlook was steady at +28. The small manufacturing index jumped to +6 from +1, while the outlook rose to +2 from -1.

The small non-manufacturing index ticked up to +15 from +14, while the outlook was steady at +10. Large industry capex is seen higher by 12.6 percent, up from 12.5 percent in Q3. Small industry capex was up 0.1 percent after sinking 2.3 percent in the three months prior.

In the currency market, the U.S. dollar is trading in the higher 155 yen-range on Monday.

Elsewhere in Asia, South Korea and Taiwan are down 1.4 and 1.1 percent, respectively. New Zealand, China, Hong Kong and Singapore are lower by between 0.1 and 0.9 percent each. Malaysia and Indonesia are up 0.2 and 0.1 percent, respectively.

On Wall Street, stocks showed a significant move to the downside during trading on Friday following the mixed performance seen during Thursday's session. The major averages all moved lower, with the tech-heavy Nasdaq showing a particularly steep drop.

The major averages ended the day off their worst levels of the session but still in negative territory. The Nasdaq plunged 398.69 points or 1.7 percent to 23,195.17 and the S&P 500 tumbled 73.59 points or 1.1 percent to 6,827.41.

The major European markets also moved to the downside over the course of the session. While the French CAC 40 Index dipped by 0.2 percent, the German DAX Index and the U.K.'s FTSE 100 Index fell by 0.5 percent and 0.6 percent, respectively.

Crude oil prices weakened on Friday as traders kept an eye on the latest developments in the ongoing Russia-Ukraine conflict and escalating tensions between the U.S. and Venezuela. West Texas Intermediate crude for January delivery fell $0.20 or 0.4 percent at $57.40 per barrel.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

CANBERA (dpa-AFX) - Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, dragged by tumbling technology stocks fueled by losses on the tech-heavy Nasdaq, which saw heavy selling among the technology stocks on renewed concerns over lofty valuations. Renewed pessimism over the outlook for interest rates is also weighing on the markets. Asian markets closed mostly higher on Friday.

The Australian stock market is notably lower on Monday, extending the sharp gains in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,650.00 level, with weakness in mining and energy stocks amid tumbling commodity prices.

The benchmark S&P/ASX 200 Index is losing 50.30 points or 0.58 percent to 8,647.00, after hitting a low of 8,623.90 earlier. The broader All Ordinaries Index is down 47.60 points or 0.53 percent to 8,935.70. Australian stocks closed sharply higher on Friday.

Among the major miners, BHP Group is declining almost 3 percent, Rio Tinto is losing almost 2 percent and Fortescue is down almost 1 percent, while Mineral Resources is gaining almost 1 percent.

Oil stocks are mostly lower. Santos is edging down 0.5 percent, while Woodside Energy and Origin Energy are losing almost 1 percent each. Beach energy is flat.

Among tech stocks, Afterpay owner Block is gaining almost 2 percent and Appen is advancing almost 3 percent, while Xero, Zip and WiseTech Global are losing more than 1 percent each.

Gold miners are mostly lower. Northern Star Resources is slipping almost 2 percent and Genesis Minerals is declining more than 3 percent, while Evolution Mining, Resolute Mining and Newmont are losing more than 2 percent each.

Among the big four banks, Westpac is edging up 0.2 percent and ANZ Banking is gaining more than 1 percent, while Commonwealth Bank is losing almost 1 percent. National Australia Bank is flat.

In the currency market, the Aussie dollar is trading at $0.665 on Monday.

The Japanese stock market is trading sharply lower on Monday, reversing the gains in the previous session, following the broadly negative cues from Wall Street on Friday, with the Nikkei 225 falling below the 50,100 level, with weakness in exporters and technology stocks partially offset by gaining in automakers and financial stocks.

The benchmark Nikkei 225 Index closed the morning session at 50,092.10, down 744.45 points or 1.46 percent, after hitting a low of 50,061.42 earlier. Japanese shares ended sharply higher on Friday.

Market heavyweight SoftBank Group is tumbling more than 6 percent, while Uniqlo operator Fast Retailing is edging up 0.4 percent. Among automakers, Honda is edging up 0.2 percent and Toyota is also edging up 0.3 percent.

In the tech space, Advantest is tumbling almost 6 percent, Screen Holdings is losing more than 1 percent and Tokyo Electron is edging down 0.4 percent.

In the banking sector, Sumitomo Mitsui Financial is gaining more than 1 percent, Mitsubishi UFJ Financial is adding almost 1 percent and Mizuho Financial is advancing almost 2 percent.

The major exporters are mostly lower. Mitsubishi Electric is losing almost 1 percent, Panasonic is declining 1.5 percent and Sony is edging down 0.4 percent, while Canon is edging up 0.2 percent.

Among the other major losers, Japan Steel Works is tumbling almost 6 percent, while Ibiden and Socionext are declining more than 4 percent each. Nippon Steel is down almost 4 percent, while Fujikura, TDK, Sumitomo Metal Mining and Murata Manufacturing are losing more than 3 percent each. SMC, Sumco, Furukawa Electric, Hitachi and Ebara are slipping almost 3 percent each.

Conversely, Aeon is surging almost 6 percent and Sumitomo Pharma is advancing almost 4 percent, while East Japan Railway, Japan Exchange Group, Daiichi Sankyo, Astellas Pharma and Mercari are gaining more than 3 percent each. Nissan Motor is adding almost 3 percent.

In economic news, large manufacturing in Japan accelerated slightly in the fourth quarter of 2025, the Bank of Japan's quarterly Tankan Survey of business sentiment showed on Wednesday with a diffusion index score of +15. That was in line with forecasts and was up from +14 in the previous three months. The outlook also came in at +15, matching forecasts and up from +12 in the previous quarter.

The large non-manufacturers index came in at +34, beating forecasts for +33 and unchanged from Q2. The outlook was steady at +28. The small manufacturing index jumped to +6 from +1, while the outlook rose to +2 from -1.

The small non-manufacturing index ticked up to +15 from +14, while the outlook was steady at +10. Large industry capex is seen higher by 12.6 percent, up from 12.5 percent in Q3. Small industry capex was up 0.1 percent after sinking 2.3 percent in the three months prior.

In the currency market, the U.S. dollar is trading in the higher 155 yen-range on Monday.

Elsewhere in Asia, South Korea and Taiwan are down 1.4 and 1.1 percent, respectively. New Zealand, China, Hong Kong and Singapore are lower by between 0.1 and 0.9 percent each. Malaysia and Indonesia are up 0.2 and 0.1 percent, respectively.

On Wall Street, stocks showed a significant move to the downside during trading on Friday following the mixed performance seen during Thursday's session. The major averages all moved lower, with the tech-heavy Nasdaq showing a particularly steep drop.

The major averages ended the day off their worst levels of the session but still in negative territory. The Nasdaq plunged 398.69 points or 1.7 percent to 23,195.17 and the S&P 500 tumbled 73.59 points or 1.1 percent to 6,827.41.

The major European markets also moved to the downside over the course of the session. While the French CAC 40 Index dipped by 0.2 percent, the German DAX Index and the U.K.'s FTSE 100 Index fell by 0.5 percent and 0.6 percent, respectively.

Crude oil prices weakened on Friday as traders kept an eye on the latest developments in the ongoing Russia-Ukraine conflict and escalating tensions between the U.S. and Venezuela. West Texas Intermediate crude for January delivery fell $0.20 or 0.4 percent at $57.40 per barrel.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX