Asian stock markets fell across the board on the afternoon of October 28.

Asian stock markets fell across the board in afternoon trading on October 28, after a strong rally the previous day.

Stock market index board in Hong Kong, China. Photo: THX/VNA

This development comes as investors are analyzing US President Donald Trump's visit to Japan, ahead of crucial talks with Chinese President Xi Jinping scheduled for later this week.

In Tokyo, the Nikkei 225 index fell 0.6%, closing at 50,219.18 points. In Hong Kong, the Hang Seng index dropped 0.3%, ending at 26,346.14 points. In Shanghai, the Composite index edged down 0.2%, closing at 3,988.22 points. Stock markets in Taipei and Sydney also declined, while Seoul recovered.

US President Donald Trump is expected to meet with President Xi Jinping on October 30 in South Korea, and positive comments from Trump have raised hopes that the world's two largest economies can reach an agreement to ease the trade war between the two countries. Investors are also awaiting earnings reports from tech giants like Microsoft and Meta this week.

On October 28, US President Donald Trump and Japanese Prime Minister Sanae Takaichi signed a framework agreement to secure the supply of rare earth elements.

At the close of trading on October 28, the VN-Index rose 27.96 points (1.69%) to 1,680.5 points, and the HNX-Index rose 1.42 points (0.54%) to 266.78 points.

Source: https://baotintuc.vn/thi-truong-tien-te/thi-truong-chung-khoan-chau-a-dong-loat-giam-diem-chieu-2810-20251028165531484.htm