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As on : 27-Feb-2025
Market Commentary - Foreign Markets
27-Feb-2025     16:19

China Shanghai composite index rise 0.23%

Asian shares ended mixed on Thursday as U.S. President Donald Trump floated a 25 percent reciprocal tariff on European cars and other goods and signaled another month-long extension for looming levies on Canada and Mexico.

U.S. Commerce Secretary Howard Lutnick clarified that the big transaction would be April 2, but the fentanyl-related tariffs would be re-evaluated at the end of the 30-day pause on March 4, stoking uncertainty.

China's Shanghai Composite index rose 0.23 percent to 3,388.06 after a choppy session as investors braced for the National People's Congress next week.

Hong Kong's Hang Seng index dropped 0.29 percent to 23,718.29 as a tech-driven rally took a breather following Nvidia's upbeat earnings forecast and amid concerns over U.S. tariffs on semiconductor chips and key exports.

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INDIAN INDICES

Sensex

81,118.60 -573.38 (-0.70%)

Nifty

24,718.60 -169.60 (-0.68%)

GLOBAL INDICES

USD

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NASDAQ
HANG SENG

23,892.57 -142.82(-0.59%)