Asia Markets Today, June 3: Nikkei surges over 2.57%, TAIEX gains nearly 2%; Hang Seng falls

Asian stock markets traded on a mixed note on June 3, with strong gains in Japan and Taiwan offsetting weakness in Hong Kong. Investors tracked regional market movements as several key benchmarks posted advances, while a few indexes remained under pressure.

Hong Kong’s Hang Seng Index was among the weakest performers in the region, falling 360.41 points, or 1.38%, to 25,677.91.

Japan’s Nikkei emerged as the top performer, climbing 1,718.21 points, or 2.57%, to 68,452.45. Taiwan’s market also registered a strong rally, with the benchmark index rising 829.53 points, or 1.82%, to 46,386.84.

Mainland Chinese equities traded higher. The Shanghai Composite Index gained 7.56 points, or 0.19%, to 4,082.66, while the Shenzhen Index advanced 255.70 points, or 1.64%, to 15,846.83.

In South Korea, the KOSPI edged up 13.11 points, or 0.15%, to 8,801.49. Australia’s ASX 200 added 51.70 points, or 0.59%, to 8,776.10.

Southeast Asian markets also recorded gains. Malaysia’s benchmark index rose 6.97 points, or 0.41%, to 1,690.04, while Thailand’s SET Index gained 19.69 points, or 1.26%, to 1,588.06. Singapore’s Straits Times Index (STI) advanced 50.04 points, or 0.98%, to 5,147.46.

New Zealand’s NZX 50 slipped 40.10 points, or 0.30%, to 13,130.61. Meanwhile, the SGX-CNBC China Growth Index declined 7.69 points, or 0.45%, to 1,709.60.

Overall, Asian markets showed a mixed trend on June 3, with gains across Japan, Taiwan, China, and several Southeast Asian markets, while Hong Kong and New Zealand ended lower.