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Apple Q3 Report Damps Asian Stock Markets in Holiday-Thinned Trading

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Last updated: 11/03/2026 05:51:22

05:51 AM EST, 11/03/2026 (MT Newswires) -- Asian stock markets largely wobbled lower Tuesday on refreshed concerns about AI-sector capital outlays, after US tech giant Apple (AAPL) overnight reported good Q3 financial results, but warned of heavy spending on chips, and offered tempered guidance.

Hong Kong finished in the green, while Shanghai, Seoul and Taiwan lost ground. Tokyo trading floors were dark on holiday, while other regional exchanges were mixed.

Brent crude futures rose 0.8% to $105.52 a barrel, during Asian market hours.

In Hong Kong, the Hang Seng Index opened higher and held ground, finishing up 0.6% as tech and property issues bucked regional trends.

The broad gauge Hang Seng rose 132.65 to 23,525.97, as gaining issues outnumbered losers 71 to 24. The Hang Seng TECH Index gained 0.7% on the day, while the Mainland Properties Index rose 1.1%.

Leading the upside was hotpot dining chain Haidilao, gaining 6.4%, while computer-maker Lenovo declined 6.1%.

On the mainland, the Shanghai Composite fell 0.8% to 3,608.10.

On the other regional exchanges, the S. Korean KOSPI fell 3.6%; the Taiwan TWSE also declined 3.6%; the Australian ASX 200 inclined 0.3%; the Singapore Straits Times Index fell 0.7%, and the Thai Set declined 1.1%. In late trading in Mumbai, the Sensex was up 1.6%.

The MSCI All Country Asia Pacific Index fell 1.2% on the day.

In other news, South Korea's consumer price index rose 2.8% on year in October, slowing from the 2.9% gain logged September, reported Statistics Korea.

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