Asian stock markets have yet to recover from the volatility

Most Asian stock markets fell on November 19, following the latest global volatility due to concerns about an AI bubble and uncertainty about the US Federal Reserve's interest rate policy.

Investors monitor stock indexes in Jiangsu province, China. Photo: THX/TTXVN

Japan's Nikkei 225 index closed down 0.3% to 48,537.7 points. Hong Kong's Hang Seng index (China) fell 0.4% to 25,830.65 points. South Korea's Kospi index fell 0.61% to 3,929.51 points. Meanwhile, Shanghai's Shanghai Composite index (China) rose 0.2% to 3,946.74 points.

Investors endured a difficult November as predictions grew that this year's tech-led market rally may have gone too far, and valuations had become so overheated that a sharp correction was needed.

The group of seven big technology corporations, including Amazon, Meta, Alphabet and Apple, contributed much of the rally to record highs of the three major indexes on Wall Street, there are concerns that any problems with the group could cause a large spillover effect on the market.

The focus for traders this session will be on the earnings report from the largest company in the group, chipmaker Nvidia, which became the first company to reach a $5 trillion valuation this month.

This week, important US data will be released, especially the September 2025 jobs report that was previously delayed due to the government shutdown, allowing investors to get an overview of the Fed's interest rate plan.

Investors have tempered expectations for a third straight rate cut next month, which has weighed on markets recently, after a string of policymakers, including Fed Chairman Jerome Powell, questioned the need for another cut when inflation remains high.

In the domestic market, at the end of the session on November 19, the VN-Index decreased by 10.92 points (0.66%), down to 1,649 points. The HNX-Index decreased by 2.33 points (0.87%), down to 265.03 points.

Source: https://baotintuc.vn/thi-truong-tien-te/cac-thi-truong-chung-khoan-chau-a-chua-phuc-hoi-sau-dot-bien-dong-20251119163236615.htm