Asian stocks close higher as Hang Seng rises 0.4% and Nikkei gains 2.87%

Briefing by News4U · First published

In this evening's News4U market wrap, RTHK Finance reported that Hong Kong and mainland stocks closed higher on Tuesday, led by AI supply chain shares, as an overnight rally on Wall Street and sliding oil prices lifted risk sentiment across Asia. The Hang Seng Index closed 108 points, or 0.4 percent, higher at 24,557, the Shanghai Composite edged up 0.08 percent to 3,663, Tokyo's Nikkei climbed 1,684 points, or 2.87 percent, to 60,459, and Seoul's Kospi closed up 220 points, or 4.39 percent, at 5,239. Focus Taiwan said Taiwan's Taiex gained another 1,050.22 points, or 2.52 percent, to close at 42,711.92, after the Nasdaq rose 2.74 percent overnight even as Nvidia shares fell 4.27 percent. [1] [2]

Sources

  1. Tech gains, oil price falls lift HK, mainland markets - RTHK

    RTHK Finance · · Excerpt

  2. Taiex extends gains, rising over 1,000 points following U.S. rally - Focus Taiwan

    Focus Taiwan · · Full text

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