Asia Market Trends | Japanese stocks close down 2.4%, Korean stocks fall over 4%

SighingCashier · 2026-04-02T08:03:46+00:00

After Trump announced that he would continue to take action against Iran, Asia-Pacific stock markets generally declined. The Japanese stock market opened high but then sharply fell back, while South Korea and Taiwan stock markets also experienced significant declines. The Australian stock market was similarly under pressure, and overall market sentiment remained weak.

SighingCashier

2026-04-02 08:03:46

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U.S. President Trump said he will continue to launch strikes against Iran in the coming weeks, and stock markets across the Asia-Pacific region fell.

Japan’s stock market opened higher and then ended lower. The Nikkei average rose by as much as 518 points, or 0.97%, to a high of 54,258. After Trump delivered remarks, the broader market reversed and fell, dropping by as much as 1,466 points, or 2.73%, to a low of 52,273. It closed the day at 52,463, down 1,276 points, or 2.38%.

After South Korea’s stocks surged more than 8% yesterday, they gave back more than 4% today. The Korea Composite in Seoul finished at 5,234 points, down 244 points, or 4.47%.

Taiwan’s stock market fell. The Taiwan Weighted Index closed at 32,572 points, down 602 points, or 1.82%.

Australian stocks were under pressure. Australia’s All Ordinaries Index closed at 8,774 points, down 110 points, or 1.25%.

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