Closing Bell 23rd September: Telix soars, Cettire jumps, Myer sinks 28%

Asian Markets Mixed as Taiwan Hits Record; Hong Kong Braces for Typhoon

Asian equities delivered a mixed performance on Tuesday, with Taiwan’s benchmark Taiex climbing 1.42 per cent to a fresh record high. The rally followed strong overnight gains in US technology shares, led by Nvidia’s announcement of a partnership with OpenAI.

Australia’s S&P/ASX 200 advanced 0.52 per cent, supported by strength in financials and gold stocks, while South Korea’s Kospi rose 0.69 per cent and the small-cap Kosdaq added 0.56 per cent. In contrast, Hong Kong’s Hang Seng Index slid 0.99 per cent as investors weighed the approach of Super Typhoon Ragasa, which is expected to pass near the Pearl River Estuary on Wednesday morning. Mainland China’s CSI 300 also retreated 1.02 per cent, reflecting weaker investor sentiment.

Elsewhere, Japan’s markets were closed for a public holiday. Indian technology stocks remained under scrutiny after US President Donald Trump unveiled a $100,000 visa fee for new H-1B visas, impacting skilled foreign workers—71 per cent of whom last year were Indian nationals. Meanwhile, Singapore’s core inflation slowed to 0.3 per cent in August, its weakest pace in more than four years.