The Nikkei 225 index in Tokyo rose 0.2% to close at 50,253.91 points. The Hang Seng index in Hong Kong (China) fell 0.3% to close at 25,858.89 points. The Composite index in Shanghai rose 0.3% to close at 3,888.60 points. Stock markets in Singapore, Wellington, Taipei (China), Manila, Mumbai and Bangkok also rose, while Sydney, Seoul and Jakarta fell.
Traders used the US Thanksgiving holiday to pause trading and reassess the sharp recovery from a November 2025 slump that was fueled by fears of an artificial intelligence (AI) bubble.
While there is still debate about whether the tech sector is overvalued, the focus this week has been on the possibility of further rate cuts by the Fed. A number of senior Fed officials have advocated for a third consecutive rate cut, largely due to concerns that labor market weakness is outpacing current inflation.
Market attention has now shifted to economic data due next week that could influence the Fed's final decision. These include private-sector hiring, service-sector activity and personal consumption expenditures, the Fed's preferred measure of inflation.
The market sees an 85% chance of a rate cut by December 2025 and three more cuts by 2026.
In Vietnam, at the close of trading on November 28, the VN-Index increased by 6.67 points (0.40%) to 1,690.99 points, and the HNX-Index decreased by 1.52 points (0.58%) to 259.91 points.
Source: https://baotintuc.vn/thi-truong-tien-te/hau-het-cac-thi-truong-chung-khoan-chau-a-tang-diem-20251128172713801.htm
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