Asian Stocks Mixed Amid Trade War Concerns; Australian and Japanese Markets Show Resilience on Friday

Asian stock markets displayed a mixed performance on Friday, influenced by negative cues from Wall Street and ongoing concerns about global economic growth amidst trade tensions. According to RTTNews and dpa-AFX on Friday, some investors sought bargain opportunities after recent market declines. The Australian market showed resilience, with the S&P/ASX 200 Index rising by 0.45% to 7,783.70, driven by gains in iron ore and gold miners. Japan's Nikkei 225 Index also increased by 0.35% to 36,919.12, led by exporters and tech stocks. Elsewhere in Asia, Indonesia, South Korea, and Malaysia saw declines, while Hong Kong and China experienced gains. Wall Street experienced significant losses on Thursday, with the S&P 500 entering correction territory, down over 10% from February highs. President Trump's tariff threats on EU goods further fueled market uncertainty, driving investors towards safe-haven assets like gold.