Most Asian stock markets lost momentum in the session on September 25.

Most Asian stock markets slid on Monday as traders continued to hold off on buying that had pushed indexes to record highs in recent months ahead of US inflation and jobs data due for release.

A trader works at a securities company in Tokyo, Japan. Photo: Kyodo/TTXVN

Japan's Nikkei 225 index closed up 0.3% at 45,754.93 points. Hong Kong's Hang Seng index fell 0.1% to 26,484.68 points, while the Shanghai Composite index fell 0.01% to 3,853.3 points. South Korea's Kospi index fell 0.03% to 3,471.11 points.

Markets in Singapore, Wellington, Manila, Mumbai and Jakarta also fell, while Sydney and Bangkok rose.

Investors rushed to buy after stocks fell to record lows following US President Donald Trump's April 2025 tariff announcement, buoyed by trade deals and signs that the US Federal Reserve was about to resume its rate-cutting program.

The Fed cut interest rates at its meeting last week and forecast two more cuts this year, given the weak labor market and lack of a spike in inflation. But while traders are expecting the Fed to enter a period of monetary easing, some Fed officials, including Chairman Jerome Powell, are taking a more cautious approach, citing persistently high inflation. Powell's comments this week that stocks are "quite overvalued" and that there is "no risk-free path" on interest rates have dampened the excitement on trading floors.

The Fed will be assessing data on the personal consumption expenditure index, its preferred inflation gauge, due this week and the nonfarm payrolls report next week.

At the end of the trading session on September 25, the VN-Index increased by 8.63 points, or 0.52%, to 1,666.09 points. The HNX-Index increased by 0.37 points, or 0.13%, to 277.65 points.

Source: https://baotintuc.vn/thi-truong-tien-te/hau-het-cac-thi-truong-chung-khoan-chau-a-mat-da-trong-phien-259-20250925162434749.htm