Dangle Seng Tumbles on Commerce Struggle Jitters; Nasdaq Soars on Tariff U-Flip – Weekly Recap…

The Dangle Seng Index prolonged its shedding streak to a fifth week, plummeting eight.47%. Worsening commerce tensions dampened the urge for food for Hong Kong and mainland-listed shares, particularly within the tech and auto sectors.

• The Dangle Seng Applied sciences Index plunged 7.77% as tech shares bore the brunt of the market rout.
• Tech giants Alibaba (09988.HK) and Baidu (09888.HK) posted weekly losses of 16.6% and 9.91%, respectively.
• Automakers additionally struggled, with Li Auto (02015.HK) and NIO Inc. (09866.HK) sliding 7.54% and 9.39%, respectively. EV producers confronted promoting stress, although Beijing acknowledged that China doesn’t export EVs to the US. Nonetheless, US stress on commerce companions to focus on China with tariffs added to the sector woes.

In the meantime, Mainland China’s fairness markets noticed comparatively modest losses. The CSI 300 dropped 2.87%, whereas the Shanghai Composite Index fell three.11%. Hopes for additional stimulus from Beijing and commerce negotiations cushioned the draw back.

Brian Tycangco of Stansberry Analysis famous that Beijing’s tariffs stay under the US stage and that its restraint might provide a window for renewed negotiations.

For extra evaluation on the Dangle Seng Index and international market traits, click on right here.

Commodities Diverge on Tariff Information

• Gold soared to a document excessive of $three,245 earlier than closing the week up 6.61% at $three,238. The US bond market and greenback sell-off drove demand for safe-haven property because the US-China commerce struggle heated up.
• WTI crude oil costs fell 1.84% to $60.78, whereas iron ore spot costs slid 5.36% amid fears of weakening international demand.

ASX 200 Edges Decrease Regardless of Tech Resilience

The ASX 200 slipped zero.28% within the week ending April 11. Trump’s tariff flip-flop prevented heavier losses, with the Index recovering from a low of seven,160 to shut at 7,647.

• Mining sector: BHP Group Ltd. (BHP) and Rio Tinto Ltd. (RIO) slid three.80% and three.03%, respectively.
• Vitality sector: Woodside Vitality Group Ltd. (WDS) dropped three.92%.

In the meantime, tech and gold shares restricted the losses.

• Tech Sector: The S&P/ASX All Know-how Index rallied four.89%, monitoring the Nasdaq increased.
• Northern Star Assets Ltd. (NST) soared 13.53% as danger aversion drove demand for gold.

Nikkei Rises on Tariff Aid for Japan

The Nikkei Index gained 1.30% within the week, bucking the broader Asian market pattern. Trump reduce levies on Japanese items from 24% to 10%, boosting demand for Nikkei 225-listed shares. Nonetheless, a stronger Japanese Yen capped beneficial properties as USD/JPY dropped 2.36% to 143.437 within the week.

• Auto Sector: Nissan Motor Corp. (7201) dropped 6.76%, whereas Suzuki Motor Corp. (7269) tumbled 7.84%.
• Sony Corp. (6758) ended the week down 2.36%.

Wanting Forward: Key Occasions on the Radar

Buyers ought to carefully monitor Beijing’s stimulus bulletins, commerce developments, financial information, and central financial institution commentary. Key stats embody China’s GDP, US retail gross sales, and Fed chatter.

In a unstable setting, merchants ought to stay vigilant and monitor geopolitical and coverage shifts carefully. Get in-depth insights on Dangle Seng movers right here.