Japan’s Nikkei climbs after Trump victory, other Asia markets fall
Asia-Pacific markets mostly fell on Thursday after former President Donald Trump won the White House, defeating Vice President Kamala Harris in the 2024 presidential election.
NBC News projects that Trump will win at least 291 Electoral College votes, including key swing states of Pennsylvania, North Carolina and Georgia.
The only major market in positive territory was Japan, with the benchmark Nikkei 225 climbing 0.44%, and extending gains from Wednesday, while the broad based Topix was up 1.3%.
The yen weakened to a intraday high of 154.7 against the dollar on Wednesday, its weakest level since July 30.
In contrast, South Korea’s Kospi was 0.2% lower, with the small cap Kosdaq also down 0.78%.
Source : CNBC