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Thursday, November 13, 2025
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Asian shares mostly higher after Trump signs bill ending US government shutdown

publish time

13/11/2025

publish time

13/11/2025

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A board above the trading floor of the New York Stock Exchange displays the closing number for the Dow Jones industrial average on Nov 12. (AP)

MANILA, Philippines, Nov 13, (AP): Asian shares mostly gained on Thursday after US stocks settled near their records and U.S. President Donald Trump signed a government funding bill, ending the record 43-day shutdown. US futures edged higher with the prospect of a reopening of the federal government Thursday following the shutdown that caused financial stress for federal workers who went without paychecks, stranded scores of travelers at airports and generated long lines at some food banks.

"The shutdown had blocked not just spending, but also delayed a raft of federal economic data,” Stephen Innes of SPI Asset Management said in a commentary, adding that "for markets, the only line that matters is simple: the lights are coming back on.” Japan’s Nikkei 225 rose 0.3% to 51,213.35. Market heavyweight and tech giant SoftBank Group lost another 3.4% on top of a 3.5% drop on Wednesday after the company said it had sold all of its shares in computer chip maker Nvidia.

Hong Kong's Hang Seng index rose 0.3% to 27,009.65, while the Shanghai Composite index jumped 0.7% to 4,029.50 as mainland stocks climbed ahead of updates on lending in China. Australia's S&P ASX 200 shed 0.5% to 8,753.40, falling for a third straight session as hopes for near-term interest rate cuts were quashed by strong jobs data that showed unemployment falling to 4.3% in October from 4.5% in September.

South Korea's Kospi fluctuated between gains and losses, rising 0.6% to 4,176.44 in afternoon trading. Taiwan's Taiex index gained nearly 0.2% while India's BSE Sensex added 0.3%. On Wednesday, the S&P 500 added 0.1% to 6,850.92, near its all-time high set a couple weeks ago. The Dow Jones Industrial Average jumped 0.7% to set a record for the second straight day, closing at 48,254.82.

The Nasdaq composite slipped 0.3% to 23,406.46. Shares in airlines jumped on expectations of a recovery in air travel following the end of the shutdown. Advanced Micro Devices led the market, gaining 9% after its CEO, Lisa Su, said the chip company expects better than 35% of annual compounded revenue growth over the next three to five years. She credited "accelerating AI momentum.” Stocks benefiting from the artificial-intelligence frenzy have been shaky recently, as investors question whether how much more they can add to already spectacular gains.