Business · Markets · 16 hrs ago
Asian markets split as Japanese shares rise and Korean stocks stay under pressure
Asian stock markets moved in different directions on Monday, with Japanese shares rising while South Korean and Australian shares fell.
Japan’s Nikkei 225 gained 1.97% and Topix rose 2.8%, while Australia’s S&P/ASX 200 fell 0.39% and South Korea’s Kosdaq dropped 0.87%.
Investors awaited China’s inflation figures, with economists expecting prices to rise 0.8%, slightly less than September’s 0.9%.
US stocks had partly recovered on Friday, but investors remained cautious after strong employment data and concerns about regulation and spending on AI infrastructure.
AI investment and profit margins remain key concerns, especially for technology companies spending heavily to build infrastructure.
Investors were also due to assess results from AI-related companies including CoreWeave, Cisco and Applied Materials, as well as US inflation data that could inform expectations for Federal Reserve interest rates.
Asian markets were mixed on Monday, November 9, 2026, as Japanese shares rose while South Korean stocks remained under pressure.
Japan’s Nikkei 225 gained 1.97%, and the Topix rose 2.8%.
South Korea’s Kosdaq fell 0.87%, while the Kospi edged lower.
Australia’s S&P/ASX 200 declined 0.39%.
Investors were also awaiting China’s inflation data, with economists surveyed by Reuters expecting inflation of 0.8%.
- Who
- Investors and stock markets across Asia.
- What
- Asian markets were mixed, with Japanese shares rising and South Korean stocks under pressure.
- When
- Monday, November 9, 2026.
- Where
- Japan, South Korea and Australia.
- Why
- South Korean shares continued a sharp sell-off that began late the previous week; the sources do not state a specific reason for Japan’s gains.
This story does not have two clearly opposing sides.
South Korean shares faced a large sell-off, while US technology shares fell amid concerns about the artificial intelligence sector.
US stocks recorded a limited recovery, with the Nasdaq Composite up 1.09% and the S&P 500 up 0.31%.
Nvidia said its board had opened an investigation into CEO Jensen Huang’s relationship with a businesswoman identified by US intelligence agencies as a Chinese spy.
Japanese shares rose, while South Korean and Australian markets declined.
- Nikkei 225
- Rose 1.97%
- Topix
- Rose 2.8%
- Kosdaq
- Fell 0.87%
- S&P/ASX 200
- Fell 0.39%
- Expected China inflation
- 0.8%, according to economists surveyed by Reuters