05:45 AM EST, 11/04/2025 (MT Newswires) -- Asian stock markets pulled back from record zeniths Tuesday, as traders booked profits on tech and AI-related issues after recent bull runs.
Hong Kong, Shanghai and Tokyo finished in the red, as did other regional exchanges.
In Japan, the Nikkei 225 opened lower on Wall Street cues after a three-day weekend, waffled, but finished off 1.7% as traders joined the global risk-off mood on the tech sector.
The benchmark Nikkei 225 fell 914.14 to 51,497.20, although gaining issues outnumbered losers 114 to 109.
Leading the upside was Sumitomo Pharma, up 23.8% after reporting positive test results on a leukemia treatment, while chip-designer Socionext fell 20% after reporting earnings.
In economic news, Japan's manufacturing purchasing managers index (PMI) fell to 48.2 in October from 48.5 in September, sinking further below the 50-mark that separates growth from contraction, reported S&P Global.
In Hong Kong, the Hang Seng Index opened evenly but slipped in the afternoon, closing off 0.8% as traders edged away from tech and property shares.
The broad gauge Hang Seng fell 205.96 to 25,952.40, as losing issues outnumbered gainers 58 to 28. The Hang Seng TECH Index lost 1.8% on the day, while the Mainland Properties Index fell 1.4%.
Leading the upside was noodle-maker Tingyi, gaining 3.3%, while Zijin Mining declined 5.4%.
On the mainland, the Shanghai Composite fell 0.4% to 3,960.19.
On the other regional exchanges, the S. Korean KOSPI fell 2.4%; the Taiwan TWSE declined 0.8%; the Australian ASX 200 declined 0.9%; the Singapore Straits Times Index fell 0.5%, and the Thai Set declined 0.8%. In late trading in Mumbai, the Sensex was down 0.6%.
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