Ulsan city skyline from the Hamwolru Pavilion. People can enjoy beautiful cityscape for free. Ulsan, South Korea.
Insung Jeon | Moment | Getty Images
Asia-Pacific markets mostly rose Monday as investors awaited talks between U.S. President Donald Trump and his Ukrainian counterpart, Volodymyr Zelenskyy.
The U.S.-Russia summit over ending the conflict between Kyiv and Moscow concluded without a ceasefire deal on Friday.
Japan’s Nikkei 225 benchmark climbed 0.96%, while the broader Topix index added 0.7%.
In South Korea, the Kospi index fell 1.17%, while the small-cap Kosdaq declined by 1.78%.
Hong Kong’s Hang Seng Index moved up 0.62% while mainland China’s CSI 300 rose 1.5%, hitting its highest level since October 2024.
Meanwhile, Taiwan’s Taiex index was up 0.43%, after hitting an intra-day high of 24,433.32.
Over in India, the benchmark Nifty 50 advanced 1.35%, while the BSE Sensex index added 0.89%.
Australia’s S&P/ASX 200 briefly hit an intra-day high of 8,960. It was last up 0.11%.
In Singapore, non-oil domestic exports shrank 4.6% in July from the year before, worse than the 1.8% contraction penciled in by economists polled by Reuters.
July’s reading comes after a revised growth rate of 12.9% in June, data from Enterprise Singapore showed Monday.
U.S. equity futures ticked up on hopes for rate cuts by the U.S. Federal Reserve, which fueled a winning week on Wall Street.
The S&P 500 slipped on Friday after hitting a record high, as investors took some gains off the table after a strong week.
The broad market index settled down 0.29% at 6,449.80. The Nasdaq Composite shed 0.40% to end the week at 21,622.98. while the Dow Jones Industrial Average outperformed, rising 34.86 points, or 0.08%, to close at 44,946.12, thanks to a 12% jump in UnitedHealth.
— CNBC’s Alex Harring and Lisa Kailan Han contributed to this report.
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