On the morning of September 9, Asian markets saw widespread declines. The Nikkei 225 fell 1.84%, with Renesas Electronics and Tokyo Electron dropping over 6%, and Toyota falling more than 4%. The South Korean KOSPI index saw a smaller decline of 0.7%, while Samsung Electronics dropped 2.3%.

source：uSMART SG

According to data from Japan's Cabinet Office, the revised GDP for Q2 rose 2.9% year-on-year, below the expected 3.2%, and 0.7% quarter-on-quarter, against an expected 0.8%. Analysts suggest that despite some concerns about domestic demand, these results support the possibility of further rate hikes by the Bank of Japan if economic and price conditions align with expectations.

In Japan, electronics and chip stocks led the decline, with companies like Renesas Electronics and ADVANTEST seeing drops over 9%. Major firms such as Tokyo Electric Power, Nippon Steel, SoftBank, Hitachi, and NEC also experienced declines over 5%.

The Korean market also faced significant drops, with the KOSPI index falling by 3% and the KOSDAQ index dropping over 3%. Memory chipmaker and key Nvidia supplier SK Hynix saw a severe drop of 9.2%, and Samsung Electronics fell 3.7%.

Additionally, the commodities market experienced volatility, with Brent crude oil futures plunging over 5% on September

nonfarm payroll data impacted markets

source：The U.S. Department of Labor

The U.S. Department of Laber reported an increase of 142,000 jobs in August, below the forecast of 165,000 and previous value of 114,000. The unemployment rate held steady at 4.2%. Analyst Hebe Chen from IG Markets Ltd. highlighted concerns about global economic slowdown impacting tech-heavy Asian markets, and warned that worsening U.S. economic conditions could soon pressure risk-sensitive currencies. U.S. stock indices fell over 1%, and labor market slowdowns raised concerns about economic health. September remains turbulent for global markets due to weak economic growth, with upcoming Chinese inflation and producer price data likely to add to market unease.

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After logging into uSMART SG APP, click "Search" from the upper right corner of the page, enter the target code, such as "513880", and enter the details page to learn about transaction details and historical trends. Click "Trade" in the lower right corner and select "Buy/Sell" "Send" function, finally fill in the transaction conditions and send the order; the image operation instructions are as follows:

Source: uSMART SG

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