Australia’s index rose 0.84%, surpassing the previous record of 8,037.30.
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Asia-Pacific markets traded mixed on Wednesday, Australia also declined S&P/ASX 200 reached an all-time high.
The index rose 0.84% to surpass its previous record of 8,037.30, tracking a decline in gold miners. Northern Star Resources And Bellevue Gold rose 4.55% and nearly 4%, respectively. Evolution Mining and Newmont Corporation climbed more than 2%.
of Japan Nikkei 225 rose 0.18%, while Topix was up 0.59%, A Reuters Tankan survey also showed a rise in business optimism among large Japanese manufacturers.
The manufacturing index rose to +11 from +6 in the previous month. However, confidence among non-manufacturers fell to +26 from +31.
In addition, Japanese authorities intervened in the currency market last Thursday and Friday, spending a total of 6 trillion yen ($37.9 billion) over the two days. According to Reuters.
Yen It is currently at 158.47 against the US dollar. Last Wednesday, the currency weakened to 161.82, the next day it strengthened to 157.41.
Taiwan Weighted Index The rupee fell 0.27% after a report said US Republican presidential candidate Donald Trump said Taiwan should pay the US for its defence.
“I know the people over there very well and have a lot of respect for them. They took almost 100% of our chip business. I think Taiwan should pay us for defense,” Trump said in a June interview with Bloomberg Businessweek that was published Tuesday.
Taiwanese Prime Minister Cho Jung-tai said Taiwan is keen to become “more responsible” for its own defense and is steadily increasing spending, Reuters reports.
Shares of Taiwanese chip maker TSMC fell by 2.36%.
of South Korea Cospi fell 0.22%, and the small-cap Kosdaq was also down 0.14%.
Hong Kong’s Hang Seng Index fell marginally, while China’s CSI 300 lost 0.23%.
Singapore’s non-oil domestic exports The drop was bigger than expected in June, marking a fifth consecutive month of decline. Economists polled by Reuters had expected a 1.2% drop, while the decline is an 8.7% drop from a year earlier.
On a month-on-month basis, Singapore’s non-oil domestic production unexpectedly fell by 0.4%, while it was expected to rise by 4.1%.
Overnight, Wall Street climbed higher on hopes of a possible interest rate cut. The Dow blue-chip index gained 1.85% to close at a record 40,954.48, while the broad-based S&P 500 rose 0.64% to 5,667.20. Nasdaq Composite Increased by 0.20%.
—CNBC’s Piya Singh contributed to this report.
Clarification: This story was updated after Reuters revised its typographical non-manufacturing survey numbers.
