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Asian stocks on track to end volatile November on firmer footing

Asian stock markets are expected to end a difficult November with more steady gains, as hopes of a rate cut by the US Federal Reserve at its December meeting help ease concerns about tech stock valuations.

Báo Tin TứcBáo Tin Tức28/11/2025

Photo caption
An electronic screen displays the Nikkei 225 index in Tokyo, Japan. Photo: Kyodo/VNA

MSCI's broadest index of Asia- Pacific shares outside Japan was steady on Friday morning, heading for a 3% gain for the week, its first weekly gain in four. However, for the month, the index was still down 2.7%.

Japan's Nikkei 225 was also little changed, down 22.34 points, or 0.04%, to 50,144.76. The index was on track for a 3.2% gain for the week, but down 4.3% for the month.

In China, Shanghai's Shanghai Composite Index fell 0.11% to 3,870.94 points, while Hong Kong's Hang Seng Index fell 0.3% to 25,868.06 points.

South Korea's Kospi index fell 39.81 points, or 1%, to 3,947.1 after the country's central bank kept interest rates unchanged and signaled the end of its easing cycle. However, the market still gained 2.5% for the week.

November has been a volatile month for global stock markets amid concerns about sky-high valuations in tech stocks, while the US government shutdown has only just ended after a record 43 days. The digital currency bitcoin has fallen 17% for the month.

The lack of economic data due to the government shutdown has made the Fed more cautious about easing policy, but influential officials such as Fed Governor Christopher Waller and New York Fed President John Williams have voiced support for a rate cut next month, thereby stabilizing investor sentiment.

In the domestic market on the morning of November 28, the VN-Index increased by 0.66 points, or 0.04%, to 1,684.98 points. The HNX-Index increased by 0.44 points, or 0.08%, to 571.57 points.

Source: https://baotintuc.vn/thi-truong-tien-te/chung-khoanchau-a-tren-da-khep-lai-thang-11-nhieu-bien-dong-voi-nen-tang-vung-chac-hon-20251128110019938.htm


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