Asia open: Nikkei up 2.5% as SoftBank slides, ASX dips

Tokyo led the region higher in early Monday trade, while Australia and New Zealand slipped and Hong Kong and mainland China had yet to open.

MoneyTurkey Foreign Markets Desk | 9 November 2026

Key points

• The Nikkei 225 was up 2.46% at 58,846.01 around 10:00 Tokyo time.
• SoftBank Group fell 4.51%, while Mitsubishi UFJ, Fast Retailing and Toyota gained between roughly 3% and 5%.
• The S&P/ASX 200 and the NZX 50 traded slightly lower; the KOSPI rose 0.37%.

Indices

The Nikkei 225 stood at 58,846.01, up 2.46% from Friday’s close of 57,434.77, recovering part of last week’s sharp chip-led sell-off.

In Seoul the KOSPI rose 0.37% to 5,078.57. In Sydney the S&P/ASX 200 fell 0.49% to 8,976.4, and in Wellington the NZX 50 fell 0.59% to 13,915.54.

Hong Kong’s Hang Seng and the Shanghai Composite open at 09:30 local time, and Taiwan’s benchmark had not posted fresh figures at the time of writing.

Tokyo movers

SoftBank Group fell 4.51% to ¥3,389 (about $21.42), extending its slide from last week. Mitsubishi UFJ rose 4.75% to ¥3,377 (about $21.34).

Fast Retailing rose 3.36% to ¥80,570 (about $509.14), and Toyota rose 3.09% to ¥3,441 (about $21.74).

Currencies

The dollar was at 158.25 yen and 1,360.28 Korean won. The Australian dollar bought 0.6889 US dollars and the New Zealand dollar 0.5573.

What to watch

• Whether Hong Kong and Shanghai follow Tokyo higher after their open
• Follow-through in Seoul chip stocks after last week’s losses
• The yen near 158 per dollar

For information only. Not investment advice.

Sources

• Yahoo Finance market data (index, stock and currency quotes, about 01:00 London time): finance.yahoo.com