Asian stock markets have risen for the fifth consecutive day, with Japan leading the gains. The MSCI Asia Pacific Index increased by 0.5%, marking the longest daily winning streak since early July. Japanese exporters, including Toyota, significantly boosted the index following the yen's overnight drop to a five-month low.
As trading resumed post-holiday, Hong Kong's benchmark index remained stable. Despite the light trading volume typical of the year-end holiday season, Asian markets have rebounded. However, concerns about U.S. tariffs continue to loom, potentially hindering Asian markets' performance compared to their American counterparts. In 2024, the MSCI Asia Index rose by 8%, while the global stock index saw an 18% increase.
