Asia Markets Today: Nikkei 225 Jumps 3.09% and ASX 200 Gains 1.19% as Wall Street Slips
The Nikkei 225 jumped 3.09% and the ASX 200 gained 1.19% on Wednesday even as Wall Street slipped and the US 10-year yield rose to 4.98%.
Japanese shares led Asia-Pacific higher on Wednesday, with the Nikkei 225 up 3.09% at 60,591.02 in early trade and the ASX 200 in Sydney up 1.19% at 9,137.1. The advance came even as Wall Street closed lower overnight and the US 10-year Treasury yield climbed to 4.98%.
Tokyo's gain is the sharpest among the markets already trading. It leaves the Nikkei down 12.23% over the past month, though still up 20.36% year to date, according to the latest market data. The index's high for the past year is 72,366.34, and its low is 48,537.7, so the benchmark sits well inside its twelve-month range after a volatile stretch for Japanese equities.
Wall Street's overnight lead
US stocks ended Tuesday on a soft note. The S&P 500 fell 0.38% to 7,520.93, the Nasdaq lost 0.74% to 25,065.88 and the Dow Jones slipped 0.3% to 52,231.89. The Russell 2000 shed 0.68%, and the VIX volatility gauge eased 2.31% to 19.46.
The 10-year yield rose 2.45% on the day to 4.98%, after US consumer prices rose 0.4% in October, adding pressure on the Federal Reserve over interest rates. The Dollar Index was up 0.58% at 102.244 in Asian hours.
Beneath the index declines, chip stocks were sharply split. AMD jumped 13.26% to $508.58, Applied Materials climbed 11.37% to $370.55 and Broadcom gained 8.78% to $319.48. Nvidia fell 4.27% to $178.67. Nvidia has hired a major New York law firm in connection with a probe involving its chief executive, a separate development reported overnight.
Jakarta and the rest of the region
Jakarta is not yet open (09:00 WIB). The IHSG closed Tuesday 1.49% higher at 5,125.73, while the LQ45 index gained 0.9% to 527.06. The IHSG remains down 40.72% year to date and 15.89% over the past month, against a high for the past year of 9,134.7 and a low of 4,904.29. On the IDX, Rukun Raharja (RAJA) led gainers with a 23.28% jump to 466, followed by Petrindo Jaya Kreasi (CUAN) up 7.34% and Archi Indonesia (ARCI) up 6.77%. AKR Corporindo (AKRA) fell 4.85%.
In Hong Kong, the Hang Seng closed 0.31% higher at 24,557.04 on Tuesday, with Sunny Optical Technology up 5.79%, Li Auto up 4.63% and HSBC up 4.37%. Alibaba lost 2.87% and PetroChina 3.45%. The Shanghai Composite added 0.4% to 3,663.72. Singapore's Straits Times index gained 1.53% to 5,258.59 at its last reading.
Currencies, oil and metals
The rupiah firmed 0.19% to 18,096.68 per US dollar. The yen was little changed, with USD/JPY at 158.802, while EUR/USD held at 1.1168, GBP/USD at 1.3349 and AUD/USD at 0.6875.
Brent crude eased 0.72% to $91.9 a barrel and WTI fell 0.58% to $86.35. Spot gold was steady at $4,032.65 an ounce, up 0.06%. Silver dropped 2.12% to $51.45 and copper declined 0.96% to $6.2675 a pound. Bitcoin traded at $73,438.46, down 0.37%, with Ethereum at $2,047.18.
What to watch next
Attention turns to Jakarta's open at 09:00 WIB, where the IHSG will try to extend Tuesday's rebound. Later in the week, Applied Materials and Cisco report earnings after the US close on Thursday, November 12. Nvidia follows on Tuesday, November 17, with Walt Disney and Home Depot also due that day. The direction of the 10-year yield, now at 4.98%, and of the dollar will keep setting the tone for equities across the region, while traders also watch whether Tokyo's strength holds through the session.
Markets at a glance
| Market | Last | Change | % Change |
|---|---|---|---|
| Nikkei 225 | 60,591 | +1,816 | +3.09% |
| Hang Seng | 24,557 | +75 | +0.31% |
| Shanghai Comp. | 3,663.72 | +14.54 | +0.40% |
| ASX 200 | 9,137.1 | +107.4 | +1.19% |
| IHSG | 5,125.73 | +75.30 | +1.49% |
| S&P 500 | 7,520.93 | −29.01 | −0.38% |
| USD/IDR | 18,097 | −35 | −0.19% |
| Brent | 91.90 | −0.67 | −0.72% |
Data as of 11 Nov 2026, 08:00 WIB (01:00 GMT). Source: JournalArta Markets (Yahoo Finance, Twelve Data); some exchange data may be delayed up to 15 minutes. Follow live prices on JournalArta Markets. This article is for information only and is not investment advice.
