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Asia Pre-Market Mixed: Japan Stocks Dip, Philippines and Sri Lanka Gain

Asian markets see divergent moves; Southeast Asia and South Asia outperform Japan pre-market.
Asian markets opened mixed as investors digested Wall Street’s sharp overnight losses. Japan’s Nikkei slipped 0.4%, led by declines in tech and export stocks, while Manila’s PSEi gained 0.59% and Sri Lanka’s CSE index rose 0.49%, reflecting localized strength amid global volatility. Analysts said regional sentiment remains cautious due to renewed U.S.-China tensions, though select Southeast Asian markets showed resilience supported by stable domestic demand and improving foreign inflows.