Asian Session Summary: August 7, 2025
Japan – Nikkei 225 +0.57%
Third consecutive session of gains driven by industrial and technology stocks. Investors welcomed the rise in Japan's leading economic indicators in June, signaling growth momentum. The yen’s stability against the dollar (147.5) also supported market sentiment.
China – Shanghai Composite +0.11%
Markets edged up thanks to strong foreign trade figures, with exports up 7.2% and imports up 4.1%. However, the trade surplus fell short of expectations and the market waited for inflation data, which limited enthusiasm.
Hong Kong – Hang Seng +0.52%
The market rebounded after three negative sessions, despite pressure on technology and consumer stocks amid renewed trade war fears following Trump’s announcement on semiconductors.
India – Sensex -0.61%
Third session of decline, as investors worry about the impact of new US sanctions. Washington doubled tariffs on Indian imports (up to 50%) in response to Russian oil purchases, heightening geopolitical tensions.
Session Overview
The Asian session was marked by renewed volatility sparked by an announcement of new US tariffs on semiconductors, reviving trade war fears. However, strong economic data in Japan, China, and Australia enabled a technical rebound across several markets.
US After Market Update
Apple ($AAPL) +2.82% → Surge after announcing a massive $100 billion investment in the United States, with chip production localized in Texas, excluded from Trump's new tariffs.
Rogers ($ROG) +8.50% → Bounce-back after Starboard Value took more than 9% stake.
Open Lending ($LPRO) +8.41% → Strong quarterly results, beating revenue expectations.
American Coastal Insurance ($ACIC) +6.39% → Outperformance on Q2 results.
F&G Annuities ($FG) +3.05% → Adjusted EPS and revenue above forecasts.
Fortinet ($FTNT) -17% → Sharp drop despite good results, likely due to cautious outlook or high valuation.
Sana Biotechnology ($SANA) -13.18% → Weighed down by a $75M dilutive fundraising, with share price set at $3.35.
e.l.f. Beauty ($ELF) -10.73% → Direct impact from new tariffs, annual guidance withdrawn.
Hagerty Holding ($HGTY) -6.59% → Secondary sale of 8.7 million shares, putting downward pressure on the stock.
Palo Alto Networks ($PANW) -1.56% → Technical correction after six sessions of declines.
US Pre-market Futures
Dow Futures: +0.08%
S&P 500 Futures: +0.28%
Nasdaq 100 Futures: +0.30%
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Have a great session everyone
Sylvain Mouilhaud: Equity Coach